EBA consults on draft DPM 2.9 for supervisory reporting

The European Banking Authority (EBA) launched today a consultation on the new draft version of Data Point Model (DPM) 2.9. The new release is an exposure draft of the new data requirements proposed in the ongoing public consultations on amendments to the Implementing Technical Standards (ITS) on supervisory reporting on COREP LCR, COREP securitisation & FINREP-NPE&FB, P&L and IFRS16. The final DPM 2.9 version will be updated together with the ITS on supervisory reporting to include the feedback received from the public consultations. The consultation runs until 7 December 2018.

EBA acknowledges adoption of new resolution reporting standards by the European Commission

The European Banking Authority (EBA) acknowledged today the adoption by the European Commission of the Implementing Regulation on the procedures and standard forms and templates for the provision of information for the purposes of resolution plans for credit institutions and investment firms, repealing Regulation (EU) 2016/1066. The Implementing Regulation, which is based on the final draft Implementing Technical Standards (ITS) on the provision of information for resolution plans submitted by the EBA in April 2018, was adopted by the Commission on 23 October 2018. Its publication in the EU Official Journal is still pending. The reporting requirements will apply as of 31 December 2018 (reporting framework v2.8).

ESAs propose new amendments to technical standards on the mapping of ECAIs

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched today a public consultation to amend the Implementing Regulations on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk to reflect the outcomes of a monitoring exercise on the adequacy of existing mappings, namely changes to the Credit Quality Steps (CQS) allocation for two ECAIs and the introduction of new credit rating scales for ten ECAIs. The Implementing Regulations are part of the EU Single Rulebook for banking and insurance aimed at creating a safe and sound regulatory framework consistently applicable across the European Union (EU). The consultation runs until 31 December 2018.

EBA announces timing for publication of 2018 EU-wide stress test

The European Banking Authority (EBA) announced today that individual results for the banks participating in the 2018 EU-wide stress test, along with detailed balance sheets and exposure data as of end 2017, will be published on Friday 2 November at 17:00 UK time (18:00 CET).

EBA acknowledges adoption of amended supervisory reporting standards by the European Commission

The European Banking Authority (EBA) acknowledged today the adoption by the European Commission of the Implementing Act amending Regulation (EU) No 680/2014 (Implementing Technical Standards on Supervisory Reporting) with regard to the inclusion of prudent valuation into COREP as well as other amendments. The Implementing Act, which is based on the final draft ITS on supervisory reporting submitted by the EBA in April 2018, was adopted by the Commission on 9 October 2018 but its publication in the EU Official Journal is still pending. The amended requirements will apply as of 31 December 2018 (reporting framework v2.8).

Updated EBA Risk Dashboard shows sustained improvements in the management of NPLs across the EU but banks profitability remains a key challenge

The European Banking Authority (EBA) published today the periodical update to its Risk Dashboard, which summarises the main risks and vulnerabilities in the EU banking sector using quantitative risk indicators. In the second quarter (Q2) of 2018, the updated Dashboard identified ongoing improvements in the repair of the EU banking sector but also residual risks in banks’ profitability.

EBA publishes QIS templates to assess the impact of the finalised Basel III standards

The European Banking Authority (EBA) released today the two sets of templates, which will be used in the 2018 impact assessment of the finalised Basel III standards. These two sets of quantitative impact study (QIS) templates, which build on the Basel III regular monitoring templates, will ensure that the data collection burden is proportionate to the institutions' size and complexity.

EBA launches its 2018 EU-wide transparency exercise

The European Banking Authority (EBA) launched today its fifth annual EU-wide transparency exercise. In December 2018, together with the Risk Assessment Report (RAR), the EBA will release over 900000 data points on about 130 EU banks. The data will cover capital positions, risk exposure amounts, sovereign exposures and asset quality. This data disclosure, which provides the wider public with a consistent tool to access data on the EU banking system, is an important component of the EBA’s responsibility to monitor risks and vulnerabilities and foster market discipline.

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