EBA, EIOPA, and ESMA joint guidelines under Regulation (EU) 2015/847 outlining measures for payment service providers to detect and manage missing payer or payee information in electronic fund transfers to prevent terrorist financing and money laundering, including compliance status by EU member states.
EBA guidelines on passport notifications for credit intermediaries under the Mortgage Credit Directive (MCD) – compliance status of EU member states' competent authorities, detailing adoption, intentions, or non-compliance as of June 2021.
Isabelle Vaillant, Director of the Prudential Regulation and Supervisory Policy department at the EBA, provided a regulatory perspective on the reforms that are required to complete the banking union at a webinar on “Completing the Banking Union: next steps and challenges ahead”, organised by the Institute for International and European Affairs. In her speech, Isabelle Vaillant, highlighted the importance of the reforms carried out in the period of the Global Financial Crisis and how a decade of work and strengthening of the framework has contributed to a more stable EU banking system.
Speech
The European Banking Authority (EBA) published this month three regulatory instruments to address de-risking practices based on evidence gathered in its call for input. The instruments clarify that compliance with anti-money and countering terrorist financing (AML/CTF) obligations in EU law does not require financial institutions to refuse, or terminate, business relationships with entire categories of customers that they consider to present a higher ML/TF risk. In these documents the EBA also set out steps that financial institutions and competent authorities should take to manage risks associated with individual business relationships in an effective manner.
The European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today three Joint Questions and Answers (Q&A) on RTS 2016/2251 on bilateral margin requirements under the European Markets Infrastructure Regulation (EMIR).
Presentation
Joint ESAs Q&As on exchange of collateral
ITS on institutions' public disclosures with Annexes
Main Act, Templates, tables and instructions in all EU languages
European Banking Authority (EBA) vacancy notice for a Statistician role in Paris, focusing on supervisory data management, risk assessment, stress testing, and statistical analysis for EU banking sector oversight under Regulation (EU) No 1093/2010.
European Banking Authority eligibility criteria grid for Contract Agent FG IV roles – outlines required EU/EEA citizenship, education, language proficiency, and physical fitness standards for applicants.
The European Banking Authority (EBA) acknowledged today the adoption by the European Commission of the Implementing Act laying down implementing technical standards (ITS) on institutions Pillar 3 disclosures. The Implementing Act, which is based on the final draft ITS on institutions’ public disclosures submitted by the EBA in June 2020, was adopted by the Commission on 15 March 2021 but its publication in the EU Official Journal is still pending. The disclosure ITS will apply from 30 June 2021.