EBA guidelines establishing EU-wide standards for institutions' stress testing, covering governance, data infrastructure, risk areas, proportionality, and integration with supervisory review (SREP). Replaces CEBS GL32, addressing reverse stress testing, conduct risk, and solvency-liquidity interactions.
EBA guidelines outlining common procedures and methodologies for the Supervisory Review and Evaluation Process (SREP) and supervisory stress testing, covering risk assessment, business model analysis, internal governance, capital adequacy, and proportionality for EU financial institutions.
European Commission requests EBA’s technical advice on revising own fund requirements for credit, operational, market, and credit valuation adjustment risks under Basel III reforms, assessing impact on EU banking sector and implementation challenges by June 2019.
European Commission calls on EBA to assess the impact of Basel III reforms on EU banks' own fund requirements for credit, operational, market, and credit valuation adjustment risks, including capital ratios, risk-weighted assets, and implementation challenges by 2022–2027 under CRR/CRD frameworks.
Updated CET1 list Q4 2017
The European Banking Authority (EBA) published today its sixth updated list of capital instruments that Competent Authorities (CAs) across the European Union (EU) have classified as Common Equity Tier 1 (CET1). Since the publication of the previous update in May 2017, some new CET1 instruments have been assessed and evaluated as compliant with the Capital Requirements Regulation (CRR). The list will be maintained and updated on a regular basis.
The European Banking Authority (EBA) launched today a consultation on draft Regulatory Technical Standards (RTS) specifying the different methods of prudential consolidation, which can be applied when certain conditions and criteria are met. The aim of these draft RTS is to ensure that the appropriate method of prudential consolidation is applied for the calculation of the Capital Requirements Regulation (CRR) requirements on a consolidated basis. The con-sultation runs until 09 February 2018.
Opinion on OFIs (EBA-Op-2017-13)
Consultation Paper on RTS on methods of prudential consolidation (EBA-CP-2017-20)
Report on OFIs
The European Banking Authority (EBA) published today an Opinion addressed to the European Parliament, Council and European Commission, on matters relating to the regulatory perimeter under the Capital Requirements Directive/Regulation (CRDIV/CRR). These include the use of Articles 2(5) and 9(2) CRDIV and the interpretation of the terms 'financial institution' and 'ancillary services undertaking' as defined in the CRR. The Opinion is based on the results of a detailed assessment across the EU of the prudential treatment of 'other financial intermediaries' (OFIs), i.e. those entities carrying out credit intermediation activities that are not credit institutions nor other specified types of financial entity. The results of this assessment are included in a Report also published today. The EBA's findings are relevant to the consideration of the legislative proposals to amend the CRDIV/CRR.
EBA opinion on own funds under the CRR review, proposing reinforced EBA oversight of Common Equity Tier 1 (CET1) instruments, clarifying capital buffer restrictions, and addressing Maximum Distributable Amount (MDA) rules, redemption of capital, and anti-circumvention measures.
EBA report monitoring Common Equity Tier 1 (CET1) instruments issued by EU banks under CRR rules – presents Q2 2017 findings, updates the CET1 list, and clarifies inclusion criteria, loss absorption, and regulatory compliance for capital instruments.
The European Banking Authority (EBA) published today its fifth updated list of capital instruments that Competent Supervisory Authorities (CAs) across the European Union (EU) have classified as Common Equity Tier 1 (CET1). The list is for the first time accompanied by a Report, which includes additional information on the underlying objectives of the monitoring update as well as on the consequences of including or excluding instruments in or from the list. The EBA intends to update this report on a regular basis to give account of new developments in CET1 issuances and market practices.