EBA 2017 Work Programme

The work programme package describes and summarises the main objectives, priorities and deliverables of the EBA in the forthcoming years. It is based on the tasks specified in the Regulation and in the relevant EU banking sector legislation.

Highlights of the EBA's tasks in 2017

 
The EBA's work for 2017 is defined under seven strategic areas and 38 activities. The programme includes a description of the Authority's objectives for 2017, expected results and main outputs.
 

Strategic areas for 2017:

 
  • continue to play a central role in developing and maintaining the Single Rulebook for banking in the EU; 
  • promote efficient and coordinated crisis management of credit institutions, investment firms and financial market infrastructures in the EU; 
  • promote convergence of supervisory methodologies and practices to a high standard so as to ensure that regulatory and supervisory rules for going concern and crisis situations are implemented consistently across the EU; 
  • identify and analyse trends, potential risks and vulnerabilities stemming from the microprudential level across borders and sectors; 
  • maintaining and developing the common supervisory reporting framework, as well as acting as the EU data hub for the collection, use and dissemination of data on EU banks;
  • protect consumers, monitor financial innovation and contribute to easy retail payments in the EU; and 
  • be a competent, responsible and professional organization, with effective corporate governance and efficient processes.

 

Priorities for 2017 :

 
  • liquidity and leverage ratio
  • credit risk and credit risk modelling
  • recovery planning and early intervention
  • promoting convergence
  • improving the framework for the protection of consumers and the monitoring of financial innovation
In addition, the EBA expects a considerable number of legislative reforms from the Commission that will affect the 2017 planned work, such as the review of the CRR and the consequence of the Basel Committee on Banking Supervision (BCBS)'s revision of the trading book, the implementation of the total loss absorbing capacity (TLAC) requirements in the EU prudential regulatory framework, the fundamental review of the trading book (FRTB), further work related to proportionality in the regulatory framework and changes to the securitisation framework in the context of the Capital Market Union (CMU).