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These Guidelines propose harmonised definitions and templates for funding plans of credit institutions, with the objective of ensuring consistency in the way the reporting of funding plans is conducted.

The European Commission published today its Report on the operation of the European Supervisory Authorities (ESAs) and the European System of Financial Supervision (ESFS). The report recognises the overall effectiveness and efficiency of the three European Supervisory Authorities in contributing to restoring confidence in the financial sector and promoting the Single Rulebook. It also identifies areas where adjustments might be needed in order to improve and strengthen the functioning of the current institutional set up, also in light of the establishment of the Banking Union.

The European Banking Authority (EBA) disclosed today updated information on 64 European banks from 21 countries of the European Economic Area (EEA). The data covers the first half of 2013 and is based on 730,000 data points including capital, Risk Weighted Assets (RWAs) and sovereign exposures. Through this disclosure exercise, the EBA aims to promote greater understanding of capital positions and exposures of EU banks, thus contributing to market discipline and financial stability in the EU.

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) specifying the treatment of equity exposures under the internal ratings-based (IRB) approach. These RTS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the European Union.

The European Banking Authority (EBA) published today a paper laying out criteria for its task of exercising intervention powers on structured deposits. The paper is launched for a public consultation that will run until 5 October 2014. The work is carried out in accordance with the Markets in Financial Instruments Regulation (MiFIR) which requires the EBA to monitor the market for structured deposits marketed, distributed or sold in the European Union.

The European Banking Authority (EBA) published today its Final draft Implementing Technical Standards (ITS) amending the Commission’s Implementing Regulation (EU) No 680/2014 on supervisory reporting under Regulation (EU) No 575/2013 of the European Parliament and of the Council. These final draft ITS include minor changes to templates and instructions which the EBA deemed necessary to publish in order to reflect some of the answers published in its Single Rulebook Q&As, as well as to correct legal references and other clerical errors. The amendments are expected to be applicable for reporting as of December 2014.

Following the publication of Regulation (EU) No 680/2014 (ITS on supervisory reporting of the institutions) on the Official Journal of the European Union, the corresponding provisional Q&As have been updated and in some instances amended to reflect the published ITS. The EBA published a new set of final Q&As on supervisory reporting. In order to facilitate consultation, all revisions have been highlighted in the new set of final Q&As.

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA) published a reminder to banks and insurance companies across the EU on the consumer protection requirements that apply to certain financial instruments they issue. In addition, ESMA highlighted specific risks posed to investors by contingent convertible instruments (CoCos).