Update of the Credit institutions Register
The European Banking Authority (EBA) published today an updated list of credit institutions authorised to operate within the European Union and European Economic Area countries.
The European Banking Authority (EBA) published today an updated list of credit institutions authorised to operate within the European Union and European Economic Area countries.
The EBA publishes today an updated version of the templates, instructions, validation rules and data point model for implementing technical standards (ITS) on supervisory reporting (COREP and FINREP). The objective of this updated version is to facilitate credit institutions’ timely preparation for the implementation of the harmonised reporting requirements.
Andrea Enria, Chairperson at the EBA, gave a speech today in Brussels at the European Commission public hearing on financial supervision in the EU: "Implications of the Single Supervisory Mechanism on the European System of Financial Supervision: the EBA perspective".
The European Banking Authority (EBA) publishes today two Opinions on good practices for (i) responsible mortgage lending and (ii) for the treatment of borrowers in mortgage payment difficulties. Both Opinions are addressed to competent authorities and aim at promoting common practices, with the ultimate view of enhancing consumer protection and contributing to the stability, integrity and effectiveness of the financial system.
The EBA issues today a discussion paper presenting the methodology and scope of its forthcoming analysis on definitions of highly liquid assets. The proposed methodology is based on a scorecard, which aims at producing an ordinal ranking of assets by combining a set of different liquidity indicators. Following the outcome of the analysis, the EBA will report to the European Commission on appropriate definitions of high and extremely high liquidity and credit quality of transferable assets for the purpose of the LCR.
The European Banking Authority launches today a consultation paper on draft Regulatory Technical Standards (RTS) on criteria to identify categories of staff whose professional activities have a material impact on an institution’s risk profile. These material risk takers will be subject to specific provisions of the Capital Requirements Directive (CRD) related, in particular, to the payment of variable remuneration. The consultation runs until 21 August.
The European Banking Authority launches today its newly redesigned website, which features a more user-friendly navigation and easier access to information and essential resources.
The European Banking Authority would like to welcome you to its newly redesigned website, which features a more user-friendly navigation and easier access to information and essential resources.Through the new website, users will have a better understanding of the Authority, its mandate, responsibilities and tasks and will be kept abreast of all its activities and latest news. The EBA hopes you will enjoy the new look and feel and invites you to explore the many new features.
The Interim Working Committee on Financial Conglomerates (IWCFC) received the third call for technical advice from the European Commission. The Commission services is requesting the IWCFC to conduct a stocktake to assess of practices implemented in the Member States. The IWCFC has already delivered advice with respect to cross sectoral work on the eligibility of own funds, and the equivalence of financial conglomerates supervision in Switzerland and in the US. These contributions providing useful input to the review of the Financial Conglomerates Directive.
The European Banking Authority (EBA) launches today a consultation on Draft Regulatory Technical Standards (RTS) on the specification of the calculation of specific and general credit risk adjustments. These RTS will be part of the Single rulebook aimed at enhancing regulatory harmonisation in Europe. The consultation runs until 30 September.
The Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS), together with their Interim Working Committee on Financial Conglomerates (IWCFC), publish today ten principles for the functioning of supervisory colleges.
The Committee of European Securities Regulators (CESR) and the Committee of European Banking Supervisors (CEBS) are publishing today their advice in response to the Joint Call for Technical Advice issued by the European Commission in December 2007 concerning the regulatory treatment of firms that provide investment services in relation to commodity and exotic derivatives.
The Commission has asked CEBS to conduct a stock take of current supervisory practices in relation to the existing large exposures rules and to carry out an industry consultation on current practices and to provide an analysis of the types of credit risk mitigation products that impact on the calculation of what consitutes a large exposure.
The Committee of European Banking Supervisors (CEBS) organised a public hearing open to all interested parties on 11 July 2007 in London. On 15 June 2007, CEBS submitted for public consultation its initial views on key basic concepts of a large exposures regime in the EU as part of its response to the first part of the European Commission's second call for advice (CP14). In the context of the ‘Better Regulation’ agenda, CEBS also put forward some preliminary results from its market and regulatory failure analyses. The objectives of the public hearing were to hear about the range of market participants’ views on CEBS’ proposals, coming from large sophisticated institutions as well as from smaller or less sophisticated institutions, and to receive input from them on key technical issues identified in the Consultative Paper. Participants were invited to submit their written contributions no later than 15 August 2007 to cp14@c-ebs.org
The Committee of European Banking Supervisors (CEBS) today publishes the first part of its response to the European Commission's Call for Advice on the review of the large exposures regime.
The European Banking Authority (EBA) today publishes a questionnaire on the identification of users/investors needs on credit institutions Pillar 3 disclosures
The Committee of European Banking Supervisors (CEBS) today publishes its Principles for disclosures in times of stress intended to guide financial institutions in the preparation of public disclosures made to conform with existing disclosure requirements or recommendations or on an ad hoc basis, incorporating the lessons learnt from the financial crisis.
The Committee of European Banking Supervisors (CEBS) has published today the findings of a survey it has carried out with regard to regulatory implementation of disclosures by credit institutions as set out in chapter 5 of Directive 2006/48/CE which transposes the Basel Pillar 3 requirements into EU legislation. CEBS’s survey provides an overview of the situation in the EU. The findings and the discussions within CEBS and with the industry reveal that the implementation of the Pillar 3 provisions does not give rise to major concerns. The findings of the note have been discussed with industry representatives during a workshop on Pillar 3 issues held on 7 December 2007.
The Committee of European Banking Supervisors (CEBS) has published today the findings of an analysis following up on the application of its recommendations in the ‘Report on banks’ transparency on activities and products affected by the recent market turmoil’ published on 18 June 2008.
EBA publishes follow-up review of banks’ transparency in their 2010 Pillar 3 reports