Minutes MB 11 Sept 2017.pdf
EBA MB Minutes 11 Sept 2017
EBA MB Minutes 11 Sept 2017
EBA BS 2017 17 (Opinion on the use of 180 DPD)
EBA Op 2017 17 (Annex to the EBA Opinion on 180 DPD)
Ad Hoc Cumulative Impact Assessment of the Basel reform package
Quantitative update of the EBA MREL Report
Final draft Recommendations on Cloud Outsourcing (EBA-Rec-2017-03)
The European Banking Authority (EBA) launched today its final guidance for the use of cloud service providers by financial institutions. The EBA Recommendations clarify the EU-wide supervisory expectations if institutions intend to adopt cloud computing, so as to allow them to leverage the benefits of using cloud services, while ensuring that any related risks are adequately identified and managed.
Following up on the cumulative assessment published on 7 December 2017, the European Banking Authority (EBA) published today its full assessment quantifying the impact of the reform package recently agreed by the Basel Committee on Banking Supervision (BCBS) on the European banking system.
The EBA published today an updated quantitative analysis on the minimum requirement for own funds and eligible liabilities (MREL). Based on the same methodology and assumptions developed in the context of the MREL report published in December 2016, the EBA updated its estimates of capacity and funding needs of a representative sample of European banks to meet MREL under alternative scenarios. In this exercise, the EBA highlighted a modest improvement in the stack of MREL eligible instruments in 2016.
The European Banking Authority (EBA) published today an Opinion addressed to competent authorities on the transition from the existing Payment Services Directive (PSD1) to the revised Directive (PSD2), which will apply from 13 January 2018. In its Opinion, the EBA clarifies a number of issues identified by market participants and competent authorities, including with regard to the transitional period foreseen under PSD2.
EBA Report on the Application of Simplified Obligations and Waivers in Recovery and Resolution Planning
EBA Opinion on the transition from PSD1 to PSD2 (EBA-Op-2017-16)
Final draft RTS on simplified obligations under BRRD (EBA-RTS-2017-11)
Joint Draft RTS on margin requirements for non-centrally cleared OTC derivatives (JC-2017-79)
The European Banking Authority (EBA) published today a Report on the application of simplified obligations and waivers in recovery and resolution planning and its final draft Regulatory Technical Standards (RTS) specifying the eligibility criteria to determine whether institutions could be subject to simplified obligations when drafting such plans. The Report shows that across the EU, significantly divergent practices apply. Differences have been identified both in the assessment of institutions’ eligibility for simplified obligations, as well as in determining the reduced scope of the recovery and resolution planning requirements laid down in the Bank Recovery and Resolution Directive (BRRD). The RTS should help reduce some of the observed divergent practices by increasing harmonisation in simplified obligations eligibility assessment methodologies applied by national authorities.