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The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules.

The European Banking Authority (EBA) will hold a public hearing on its draft report on the calibration of a stable funding requirement on Thursday 15 October 2015 from 10.00 to 13.00 UK time.

The Board of Supervisors (BoS) of the European Banking Authority (EBA), the EU agency that brings together the banking supervisors of the 28 EU Member States, confirmed yesterday the extension of the mandates of Andrea Enria and Adam Farkas, respectively as Chairperson and Executive Director of the EBA for a another five year term from 2016 to 2021. The decision was based on the evaluation of the work of the past five years, as well as on work requirements for the coming years. The decision to extend Mr Enria’s term is subject to confirmation by the European Parliament.

The European Supervisory Authorities (ESAs) for securities (ESMA), banking (EBA), and insurance and occupational pensions (EIOPA) have today issued their August 2015 Joint Committee Report on Risks and Vulnerabilities in the EU financial system. The joint risk report informs on risks in the EU financial system (banking, securities and insurance sector), with a particular focus on cross-sectoral vulnerabilities and developments.