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The European Banking Authority (EBA) publishes today its 2012 Annual Report which provides an overview of the major achievements and activities performed by the Authority in its second year of existence. A separate publication summarising the key features of the 2012 Annual Report is also published and it will soon be available in all EU languages.

The 2012 EBA Annual Report provides an overview of the Authority's work during its second year of activity. The reports focuses on the EBA's tasks and achievements in another very challenging year, still characterised by difficult market conditions for European banks and by a complex process of institutional and regulatory repair. Moreover, it reflects the progress made towards a more stable banking and financial sector in the European Union.

The EBA published today a draft Data Point Model (DPM) based on its draft Implementing Technical Standards (ITS) on supervisory reporting requirements for institutions (Consultation papers CP 50 published on 20 December 2011 and CP 51 published on 13 February 2012). Interest parties are invited to provide comments on the DPM by 11 June 2012.

The EBA published today two sets of Guidelines on the data collection exercise regarding high earners and on the remuneration benchmarking exercise. The objective of these Guidelines is to streamline the data collection and increase the consistency and comparability of the information collected by national competent authorities.

The European Banking Authority launches today two consultation papers on draft Regulatory Technical Standards (RTS) to define (i) the term market for the purpose of calculating the ‘general’ component of market risk for equities under the standardised rules; and (ii) a range of methods to reflect in the own funds requirements non-delta risks for options and warrants. The consultation of both draft RTS runs until 31 August 2013.

Following the publication of the consultation paper on Principles for Benchmarks-Setting Processes in the EU, the European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) are organising a public hearing at ESMA’s premises in Paris on Wednesday, 13 February 2013.

The European Banking Authority (EBA) launches today a consultation on draft technical standards (RTS) aimed at specifying the conditions for assessing the materiality of extensions and changes to internal approaches when calculating own funds requirements for credit, market and operational risk. These RTS will be part of the Single rulebook aimed at enhancing regulatory harmonisation in Europe. The consultation runs until 11 June 2013.