The European Banking Authority (EBA) launches today a consultation on draft Implementing Technical Standards (ITS) on the reporting of the hypothetical capital of a central counterparty (CCP). These ITS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in Europe. The consultation runs until 30 September 2013.
The European Banking Authority (EBA) launches today a public consultation on draft Regulatory Technical Standards (RTS) setting out the requirements related to prudent valuation adjustments of fair valued positions. The objective of these draft RTS is to determine prudent values that can achieve an appropriate degree of certainty while taking into account the dynamic nature of trading book positions. The consultation runs until 8 October 2013.
The Board of Supervisors of the European Banking Authority (EBA) elected today a new alternate Chairperson and three members of the Management Board.
The Committee of European Banking Supervisors (CEBS) today publishes its report on the national implementation of its High-level Principles for Remuneration Policies that was published in April 2009, addressed both to regulators and regulated institutions.
The Committee of European Banking Supervisors (CEBS) today received a call for technical advice - second part on Article 122a of the amended Capital Requirements Directive.
The EBA publishes today it work programme for 2013. The annual work programme describes and summarises the main objectives and deliverables of the EBA in the forthcoming year. It is based on the tasks specified in the Regulation and in the relevant EU banking sector legislation.
The European Banking Authority (EBA) launches today a consultation on draft Implementing Technical Standards (ITS) which specify the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities in the banking sector. These ITS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in Europe. The consultation runs until 9 October 2013.
The European Banking Authority (EBA) launches today a new online “Single Rulebook Q&A” tool which will allow institutions, supervisors and other stakeholders to submit their questions on the CRD IV package, on the related Technical Standards developed by the EBA and adopted by the European Commission (RTS and ITS), as well as on the EBA Guidelines.
The European Banking Authority publishes today two consultation papers on draft Implementing Technical Standards (ITS) to identify (i) a list of relevant closely correlated currencies for the purposes of calculating the capital requirements for foreign-exchange risk; and (ii) a list of relevant appropriately diversified indices for the purposes of calculating the capital requirements for equity risk. The consultations of both draft ITS run until 8 September 2013.
The European Banking Authority (EBA) launches today two public consultations on draft Implementing Technical Standards (ITS) and on draft Regulatory Technical Standards (RTS) related to how competent authorities collaborate and exchange information regarding institutions operating through branches and regarding the freedom of provision of services in one or more EU Member States other than that in which head offices are situated. The consultations run until 8 October 2013.
The European Banking Authority (EBA) launches today two consultations on (i) draft Implementing Technical Standards (ITS) related to supervisory reporting of additional monitoring metrics for liquidity and (ii) draft Regulatory Technical Standards (RTS) on additional collateral outflows. Both consultations run until 14 August 2013.
The European Banking Authority (EBA) launches today a second consultation on Draft Regulatory Technical Standards (RTS) for credit valuation adjustment risk (CVA) to further specify how a proxy spread should be determined for the calculation of own funds requirements and to provide additional details on a limited number of smaller portfolios. These RTS will be part of the Single rulebook aimed at enhancing regulatory harmonisation in Europe. The consultation runs until 25 September 2013.
The European Banking Authority (EBA) addressed a technical Opinion to the Cyprus Presidency of the Council, the European Commission and the European Parliament underlining the need for harmonising the different methodologies currently being used for the calculation of transitional floors and proposing the use of a consistent method based on the standardised approach.
The European Banking Authority (EBA) publishes today its 2012 Annual Report which provides an overview of the major achievements and activities performed by the Authority in its second year of existence. A separate publication summarising the key features of the 2012 Annual Report is also published and it will soon be available in all EU languages.
The 2012 EBA Annual Report provides an overview of the Authority's work during its second year of activity. The reports focuses on the EBA's tasks and achievements in another very challenging year, still characterised by difficult market conditions for European banks and by a complex process of institutional and regulatory repair. Moreover, it reflects the progress made towards a more stable banking and financial sector in the European Union.
The EBA published today a draft Data Point Model (DPM) based on its draft Implementing Technical Standards (ITS) on supervisory reporting requirements for institutions (Consultation papers CP 50 published on 20 December 2011 and CP 51 published on 13 February 2012). Interest parties are invited to provide comments on the DPM by 11 June 2012.
The EBA published today two sets of Guidelines on the data collection exercise regarding high earners and on the remuneration benchmarking exercise. The objective of these Guidelines is to streamline the data collection and increase the consistency and comparability of the information collected by national competent authorities.
The European Banking Authority launches today two consultation papers on draft Regulatory Technical Standards (RTS) to define (i) the term market for the purpose of calculating the ‘general’ component of market risk for equities under the standardised rules; and (ii) a range of methods to reflect in the own funds requirements non-delta risks for options and warrants. The consultation of both draft RTS runs until 31 August 2013.
Following the publication of the consultation paper on Principles for Benchmarks-Setting Processes in the EU, the European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) are organising a public hearing at ESMA’s premises in Paris on Wednesday, 13 February 2013.
The European Banking Authority (EBA) launches today a consultation on draft technical standards (RTS) aimed at specifying the conditions for assessing the materiality of extensions and changes to internal approaches when calculating own funds requirements for credit, market and operational risk. These RTS will be part of the Single rulebook aimed at enhancing regulatory harmonisation in Europe. The consultation runs until 11 June 2013.