Press releases

José Manuel Campa officially assumed his new post as Chairperson of the European Banking Authority (EBA) on 1 May 2019, after the European Parliament confirmed his nomination by the EBA’s Board of Supervisor on 14 March 2019.

The European Banking Authority (EBA) published today its 2018 Report on supervisory colleges, which summarises its findings on the monitoring of supervisory colleges for the main cross-border European banking groups. Considering the progress observed in the functioning of colleges over the years, the Report mainly focuses on the quality of the colleges’ deliverables and highlights examples of good practice. Overall, the EBA has identified significant improvement in the colleges’ deliverables although further efforts are needed, in particular to ensure that the group risk/liquidity risk assessment reports form a real joint assessment of the group-wide risks.

The European Banking Authority (EBA) published today clarifications to a third set of issues that had been raised and discussed by participants of its Working Group (WG) on APIs under PSD2. The clarifications respond to issues raised on the portability of ‘wide usage' data between EU Member States and on eIDAS certificates, in particular with regards to passporting, their use during the ‘wide usage' period, and the reliance on the certificates by account servicing payment service providers (ASPSPs). The clarifications also respond to questions on the use by Third Party Providers (TPPs) of agents and outsourcees for accessing payment accounts data and on the interpretation of the conditions of "widely used" and "design to the satisfaction of the TPPs".

The European Banking Authority (EBA) published today clarifications to the first set of issues that had been raised and discussed by participants of its Working Group (WG) on APIs under PSD2, which met for the first time on 21 February 2019. The issues relate the practical aspects regarding the reliability of testing platforms, the alignment of functionalities between API schemes, and the identification for testing purposes of entities that have not been authorised yet.

The European Banking Authority (EBA) has updated its online Interactive Single Rulebook and Q&A tool with the inclusion of the Mortgage Credit Directive (MCD).

The European Banking Authority (EBA) published today an Opinion on the nature of passport notifications of payment institutions (PIs) and electronic money institutions (EMIs) using agents and distributors located in another Member State. The Opinion provides clarity on the criteria that national competent authorities (NCAs) should use for determining when the use of an agent or distributor triggers an ‘establishment’ of the appointing institution in the host Member State or falls under the free provision of services.

The EBA has closed its formal investigation into a possible breach of Union law by the Estonian Financial Services Authority (Finantsinspektsioon) and the Danish Financial Services Authority (Finanstilsynet) in connection with money laundering activities linked to Danske Bank and its Estonian branch in particular. At a vote at its meeting on 16 April 2019 the EBA’s Board of Supervisors rejected a proposal for a breach of Union law recommendation.

<p>The European Banking Authority (EBA) updated today the list of diversified indices, which was originally published in December 2013. The list is part of the implementing technical standards (ITS) drafted to calculate the capital requirements for position risk in equities according to the standardised rules. The list was updated according to the procedure and methodology laid down in the ITS and submitted to the European Commission for endorsement.</p>

<p>The European Banking Authority (EBA) published today final draft Implementing Technical Standards (ITS) on appropriately diversified indices. The standards will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the European Union (EU).</p>

The European Supervisory Authorities (ESAs) today published two pieces of Joint Advice in response to requests made by the European Commission in its March 2018 FinTech Action Plan

The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published today its 2018 Annual Report providing a detailed account of all the joint work achieved in the past year.

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) setting out conditions to allow institutions to calculate capital requirements of the securitised exposures (KIRB) in accordance with the purchased receivables approach laid down in the amended Capital Requirements Regulation (CRR). These draft RTS aim at striking the right balance between the need to acknowledge the specific circumstances under which institutions calculate capital requirements in the context of a securitisation transaction and the need to maintain appropriately safe and prudent requirements on the internal modelling of capital requirements. The RTS are part of 28 mandates assigned to the EBA within its important role in the implementation of the new securitisation framework.

The European Banking Authority (EBA) brought together, on its website, links to national competent authorities' websites where users will be able to access information on sanctions and administrative measures competent authorities have imposed for breaches of applicable anti-money laundering and counter-terrorist financing (AML/CFT) obligations.

The EBA has received a notification from the Austrian Financial Market Authority (Finanzmarktaufsicht, FMA), in its capacity as Resolution Authority, in relation to the application of resolution measures to Heta Asset Resolution AG.

The European Union’s (EU) banking, insurance, pensions and securities sectors continue to face a range of risks, the latest report on “Risks and Vulnerabilities in the EU Financial System” published today by the Joint Committee of the European Supervisory Authorities (ESAs) shows.