Final Draft ITS 2022 on Benchmarking.pdf
Draft ITS amending Commission Implementing Regulation on benchmarking of internal models
Draft ITS amending Commission Implementing Regulation on benchmarking of internal models
Annexes (I-IX)
EBA Opinion on measures in accordance with Article 458 (EBA/Op/2021/05)
The European Banking Authority (EBA) published today an Opinion following the notification by the French macroprudential authority, the Haut Conseil de Stabilité Financière, of its intention to extend for a second time a measure introduced in 2018 to safeguard the resilience of systemic institutions from excessive risk-taking and to prevent the build-up of future vulnerabilities. The measure intends to tighten, for French global or other systemically important institutions, the large-exposure limits applicable to large and highly indebted non-financial corporations (NFCs) or groups of connected NFCs assessed to be highly indebted. Based on the evidence submitted, the EBA does not object to the extension of the proposed measure, which will be applied for two years from 1 July 2021 to 30 June 2023.
The European Banking Authority (EBA) published today an erratum of the technical package on the reporting framework 3.0.1. This is to correct mainly data type of two metrics and to modify the domain of the securitisation internal code (SIC) dimension. The impacted modules are COREP OF and COREP LE.
The European Banking Authority (EBA) published today an update to its Implementing Technical Standards (ITS) on benchmarking of internal approaches. The updated ITS include all benchmarking portfolios and metrics that will be used for the 2022 exercise. The benchmarking exercise is an essential supervisory tool to enhance the quality of internal models, which is particularly important in a stressed economic situation.
The European Banking Authority (EBA) published today its 2020 Annual Report, which provides a detailed account of all the work the Authority achieved in the past year and anticipates the key areas of focus in the coming year.
Data Annex
In line with its 3-year strategy focusing on the Single Rulebook, risk tools, data, digital finance, anti-money laundering and counter terrorism financing (AML/CFT), and environmental, social and governance (ESG) factors, the European Banking Authority (EBA) announced today a series of changes to its internal organisation. The new structure, which enters into force as of 1 June 2021, aims at fostering synergies, increasing focus, and developing staff.
BSG response to EBA Consultation Paper on the draft ITS on Pillar disclosures on ESG risk (EBA/CP/2021/06)