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The EBA published today its 2014 action plan for colleges of supervisors of European Economic Area (EEA) banks. The plan identifies key activities, necessary in 2014 for the effective oversight of Europe's cross border banking groups, and is issued alongside a report providing an assessment on the colleges functioning during 2013.

CEBS has extended the timeline by one month for market participants to respond to the questionnaire on large exposures. The revised deadline is now 16 June 2006.

The Joint Committee of the three European Supervisory Authorities (EBA, ESMA and EIOPA - ESAs) launched today a consultation on draft Implementing Technical Standards (ITS) on the mapping of the credit assessments to risk weights of External Credit Assessment Institution (ECAIs). These ITS will be part of the Single Rulebook in banking aimed at enhancing regulatory harmonisation across the European Union (EU). The consultation runs until 5 May 2014.