European Commission calls on EBA, EIOPA, and ESMA to advise on digital finance regulation, including fragmented value chains, platform risks, non-bank lending, and client fund protection under the Deposit Guarantee Scheme Directive.
European Commission requests technical advice from EBA, EIOPA, and ESMA on adapting EU financial regulation for digital finance, addressing risks in non-bank lending, fragmented value chains, and supervisory challenges under the 'same activity, same risk, same rules' principle.
European Banking Authority (EBA) Chairperson Jose Manuel Campa’s January 2021 public meeting register detailing engagements on Basel III implementation, COVID-19 credit risk measures, green banking, and regulatory practices with financial institutions and policymakers.
The European Banking Authority (EBA) launched today the 2021 EU-wide stress test and released the macroeconomic scenarios. Following the postponement of the 2020 exercise, due to the COVID-19 pandemic, this year’s EU-wide stress test will provide valuable input for assessing the resilience of the European banking sector. Accordingly, the adverse scenario is based on a narrative of a prolonged COVID-19 scenario in a ‘lower for longer’ interest rate environment, in which negative confidence shocks would prolong the economic contraction. The EBA expects to publish the results of the exercise by 31 July 2021.
The European Banking Authority (EBA) published today additional clarifications on the application of the prudential framework in response to issues raised as a consequence of the COVID-19 pandemic. These clarifications update the FAQ section of the EBA Report on COVID-19 implementation policies, which provides clarity on the implementation of (i) the EBA Guidelines on moratoria and (ii) the EBA Guidelines on COVID-19 reporting and disclosure. This Report is part of the EBA’s wider monitoring of the implementation of COVID-19 policies as well as of the application of existing policies under these exceptional circumstances.
Consultation Paper on the revised draft ITS on credit assessments by ECAIs under CRR Article 136
Mapping Reports
Report on the implementation of selected COVID-19 policies
Methodology (PDF)
Template Guidance (PDF)
Templates (Excel)
ESRB Letter (PDF)
General FAQs (PDF)
Macro scenario (PDF)
Macro scenario (Excel)
Market risk scenario (PDF)
The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched today a public consultation to amend the Implementing Regulations on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk. The amendments are needed to assign mappings for two newly established ECAIs and to reflect the outcomes of a monitoring exercise on the adequacy of existing mappings, namely changes to the Credit Quality Steps (CQS) allocation for two ECAIs and the introduction of new credit rating scales for nine ECAIs. The Implementing Regulations are part of the EU Single Rulebook for banking and insurance aimed at creating a safe and sound regulatory framework consistently applicable across the European Union (EU). The consultation runs until 5 March 2021.