News & Press
The EBA issues a no-action letter on the application of ESG disclosure requirements and updates the EBA ESG risks dashboard with December 2024 data
The European Banking Authority (EBA) today published a no-action letter on the application of the ESG Pillar 3 disclosure requirements under the EBA disclosure Implementing Technical Standards (ITS). This no-action letter aims to address legal and operational uncertainties linked to the evolving ESG disclosure framework, in light of the proposed amendments under the European Commission’s Omnibus legislative package on sustainability reporting. The EBA is also updating its ESG risk dashboard.
The EBA publishes its final draft technical standards on the equivalent legal mechanism for unfinished property exposures under the Standardised Approach for credit risk
The European Banking Authority (EBA) today published its final Regulatory Technical Standards (RTS) specifying what constitutes an “equivalent legal mechanism” for unfinished property exposures under the Capital Requirements Regulation (CRR). These RTS are part of the first phase of the EBA’s roadmap for implementing the EU Banking Package and take into account the stakeholders’ feedback, including targeted amendments to ensure both prudential soundness and practical applicability across the EU.