European Commission requests EBA and ESMA to assess issuing a 'no action letter' to clarify the interplay between MiCA and PSD2 for crypto-asset service providers handling e-money tokens, aiming to reduce regulatory burden and prevent arbitrage until PSD3/PSR implementation.
The three European Supervisory Authorities (EBA, EIOPA and ESMA - the ESAs) today published joint Guidelines intended to facilitate consistency in the regulatory classification of crypto-assets under MiCAR. The Guidelines include a standardised test to promote a common approach to classification as well as templates market participants should use when communicating to supervisors the regulatory classification of a crypto-asset.
European Banking Authority consults on draft Regulatory Technical Standards amending Delegated Regulation (EU) 529/2014 to refine criteria for assessing materiality of changes to Internal Ratings Based (IRB) models under CRR, with stakeholder feedback due by March 2025.
Study by Deutsche Bundesbank researchers analysing how hedge funds' bargaining power influences bank risk management in secured lending, particularly repo haircuts, and the systemic risks arising from competitive pressures and insufficient collateral requirements under EU regulatory frameworks.
Deutsche Bundesbank research presentation analysing risks of bank lending to hedge funds, assessing systemic importance, competition effects on risk management, and lessons from the 1998 LTCM crisis – presented at the EBA Research Workshop 2024.
The European Banking Authority (EBA) today launched a public consultation on its draft Regulatory Technical Standards (RTS) clarifying and enhancing the conditions for assessing material model changes (MMC) and extensions following a review of the related Delegated Regulation. This review aimed to align the existing RTS with the amendments brought in by the Capital Requirements Regulation (CRR 3), and to introduce amendments to enhance the supervisory effectiveness of the approval process for model changes. The consultation runs until 10 March 2025.
The European Banking Authority (EBA) today published its final draft Regulatory Technical Standards (RTS) on the method for identifying the main risk driver and determining whether a transaction represents a long or a short position. These RTS are part of the Phase 1 deliverables of the EBA roadmap on the implementation of the EU banking package in the area of market risk.
EBA keynote speech at the 2024 IIF Colloquium on ESG challenges and opportunities for European banks – covering policy work on ESG risk management, climate stress-testing under the Fit-for-55 framework, and disclosure requirements for climate-sensitive exposures.
EBA final report on Regulatory Technical Standards (RTS) under CRR3 specifying methods to identify main risk drivers and classify long or short positions for calculating thresholds in market and counterparty credit risk under Articles 94, 273a, and 325a of Regulation (EU) No 575/2013.
EBA Banking Stakeholder Group (BSG) minutes from 15 October 2024 covering election of Chairperson and Vice-Chairpersons, updates on DORA implementation, EBA’s 2025 priorities, and key publications including reports on structured deposits, payment fraud, and consumer protection initiatives.
The European Banking Authority (EBA) today launched a public consultation on draft Regulatory Technical Standards (RTS) specifying the criteria according to which crypto-asset service providers (CASPs) should appoint a central contact point to ensure compliance with local anti-money laundering and countering the financing of terrorism (AML/CFT) obligations of the host Member State. This consultation runs until 4 February 2025.
EBA Research Workshop discussion on how hedge fund bargaining power influences bank lending terms and risk management, analysing granular loan data from MMSR, EBA, AnaCredit, and CSDB – presented by Petros Migiakis in November 2024.
EBA Policy Research Workshop 2024 discussion on macroprudential policy shocks, non-bank financial intermediation (NBFI), and systemic risk in Europe – analysing regulatory leakages and effectiveness of policies amid NBFI growth post-global financial crisis.
EBA Research Workshop 2024 presentation by Tiago Pinheiro (Banco de Portugal) analysing internal capital markets of multinational corporations, focusing on financial stability and observed practices in cross-border banking operations.