Press releases 2013

  • EBA publishes final draft technical standards on market risk and CVA risk

    The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on the definition of market and its final draft RTS on Credit Valuation Adjustment risk (CVA risk). The latter is supplemented by an Opinion on CVA risk which further elaborates on the approach taken by the EBA in determining a proxy spread. The standards will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the European Union (EU).

    20/12/2013 - Press releases

  • EBA publishes final Guidelines on capital measures for FX lending to unhedged borrowers under the SREP

    The European Banking Authority (EBA) today published its final Guidelines on capital measures for FX lending to unhedged borrowers under the Supervisory Review and Evaluation Process (SREP). These Guidelines bring forward supervisory convergence across the EU and address the ESRB Recommendation, following their 2011 Report on lending in Foreign Currencies, mandating the EBA to draft Guidelines on this specific aspect.

    20/12/2013 - Press releases

  • EBA publishes Reports on Liquidity

    The European Banking Authority (EBA) published today two Reports on liquidity, namely (i) on the impact assessment for liquidity coverage requirements and (ii) on appropriate uniform definitions of extremely high quality liquid assets (extremely HQLA) and high quality liquid assets (HQLA) and on operational requirements for liquid assets. These two reports provide the European Commission with specific recommendations for the purpose of its forthcoming delegated act.

    20/12/2013 - Press releases

  • EBA publishes draft final technical standards for the identification of the geographical location of credit exposures

    The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on the method for the identification of the geographical location of the relevant credit exposures. These RTS ensure a consistent EU wide implementation of the countercyclical buffer (CCB) to protect against excess credit growth.

    20/12/2013 - Press releases

  • EBA publishes report on risks and vulnerabilities of the EU banking sector

    The European Banking Authority (EBA) published today its fourth semi-annual report on risks and vulnerabilities of the EU banking sector. The report identifies improvements in market confidence, funding and capital positions. However, it cautions about ongoing uncertainties on asset valuations and future profitability in a fragile economic environment. The report also draws attention to the risks of detrimental business practices and puts forward possible measures for addressing such vulnerabilities through coordinated policy and supervisory actions.

    20/12/2013 - Press releases

  • EBA publishes technical advice on possible treatments of unrealised gains

    The European Banking Authority (EBA) published today its technical advice on possible treatments of unrealised gains measured at fair value. The advice provides specific recommendations that will inform the European Commission (EC) as to whether changes to legislation should be introduced in order to sterilise the effect of unrealised gains on regulatory capital (so-called “prudential filters”).

    20/12/2013 - Press releases

  • EBA publishes final draft Technical Standards on supervisory disclosure

    The European Banking Authority (EBA) published today final 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.

    19/12/2013 - Press releases

  • EBA publishes final draft Technical Standards on the Reporting of the Hypothetical Capital of a Central Counterparty (CCP)

    The European Banking Authority (EBA) published today its final draft Implementing Technical Standards (ITS) on the reporting of the hypothetical capital of a central counterparty (CCP). These final draft ITS specify calculations and reporting frequencies and templates for the information relating to hypothetical capital that a CCP has to deliver to all the credit institutions and investment firms that are clearing members for the purpose of calculating their own capital requirements. The same information has to be reported to the competent authorities.

    19/12/2013 - Press releases

  • EBA publishes final draft Technical Standards on metrics for monitoring additional liquidity

    The European Banking Authority (EBA) publishes today its final draft Implementing Technical Standards (ITS) on additional liquidity monitoring metrics. The ITS provide supervisors with an adequate toolkit to assess the liquidity risk profile of institutions. The standards will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the European Union (EU).

    18/12/2013 - Press releases

  • EBA publishes reports on comparability of Risk Weighted Assets (RWAs) and pro-cyclicality

    In the context of its ongoing work on comparability of RWAs, the European Banking Authority (EBA) published today three reports: (i) an interim report on the consistency of RWAs in SMEs and residential mortgages portfolios; (ii) a report on the comparability of supervisory rules and practices; and (iii) a report on variability of RWAs for market risk portfolios. Furthermore, the EBA also released its report on the pro-cyclicality of banks’ capital requirements, which supplements the work on comparability, together with a summary report that compiles all the work on comparability of RWAs for IRB models.

    18/12/2013 - Press releases

  • EBA publishes final draft technical standards on market risk

    The European Banking Authority (EBA) published today final draft Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) related to market risk. In particular, the EBA published (i) RTS on the definition of materiality thresholds for specific risk in the trading book; (ii) ITS on closely correlated currencies; (iii) RTS on non-delta risk of options in the standardised market risk approach; and (iv) ITS on appropriately diversified indices. The standards will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the European Union (EU).

    17/12/2013 - Press releases

  • EBA publishes final draft Technical Standards on securitisation retention rules

    The European Banking Authority published today its final draft Regulatory Technical Standards (RTS) on securitisation retention rules and related requirements, as well as its final draft Implementing Technical Standards (ITS) on the convergence of supervisory practices related to the implementation of additional risk weights in the case of non-compliance with the retention rules.

    17/12/2013 - Press releases

  • EBA publishes outcome of 2013 EU-wide transparency exercise

    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.

    16/12/2013 - Press releases

  • EBA publishes outcome of 2013 EU-wide transparency exercise

    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.

    16/12/2013 - Press releases

  • EBA publishes final draft Technical Standards on information exchange between home and host competent authorities

    The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) on information exchange between home and host competent authorities regarding branches and service providers. The draft Technical Standards do not introduce any direct reporting requirements, but propose a structured and consistent process in the provision of key supervisory information across the EU.

    16/12/2013 - Press releases

  • EBA publishes final draft Implementing Technical Standards on joint decisions on institution-specific prudential requirements

    The European Banking Authority (EBA) published today its final draft Implementing Technical Standards (ITS) on joint decisions on institution-specific prudential requirements. These ITS will ensure uniform conditions of application of the joint decision process - on capital and liquidity - between consolidating supervisors and relevant competent authorities.

    13/12/2013 - Press releases

  • EBA publishes final draft technical standards on own funds

    The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on own funds ‘Part three', which set out criteria to deduct indirect and synthetic holdings, to define broad market indices and to calculate minority interest. These final draft RTS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in Europe and namely at strengthening the quality of capital.

    13/12/2013 - Press releases

  • EBA publishes final draft Technical Standards on passport notifications

    The European Banking Authority (EBA) published today final draft Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) on passport notifications. These RTS and ITS aim to specify the information that needs to be notified to competent authorities, as well as forms, templates and procedures underlying the submission of passport notifications

    13/12/2013 - Press releases

  • EBA agrees on definition of identified staff for remuneration purposes

    The European Banking Authority (EBA) agreed on its final 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 identified staff will be subject to provisions related, in particular, to the payment of variable remuneration. The EBA will submit the draft RTS on 16 December 2013 to the European Commission. They are part of the EBA work on the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the European Union (EU).

    13/12/2013 - Press releases

  • EBA warns consumers on virtual currencies

    The European Banking Authority (EBA) issued today a warning on a series of risks deriving from buying, holding or trading virtual currencies such as Bitcoins. The EBA said that consumers are not protected through regulation when using virtual currencies as a means of payment and may be at risk of losing their money. It also added that there is no guarantee that currency values remain stable The warning was issued while the Authority assesses further all relevant aspects associated with virtual currencies, in order to identify whether virtual currencies can and should be regulated and supervised.

    13/12/2013 - Press releases

  • EBA publishes Guidelines on retail deposits subject to different outflows for the purpose of liquidity reporting

    The European Banking Authority (EBA) published today its final Guidelines on retail deposits subject to different outflows. The document aims at providing greater harmonisation in the reporting of retail deposits in the EU banking sector.

    06/12/2013 - Press releases

  • EBA publishes final draft technical standards on the determination of the overall exposure to a client or a group of connected clients in respect of transactions with underlying assets

    The European Banking Authority (EBA) publishes today its final draft Regulatory Technical Standards (RTS) which define the conditions and methodologies used to determine the overall exposure to a client or group of connected clients resulting from an exposure to a transaction with underlying assets and the risks inherent in the structure of the transaction itself. The standards will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the European Union (EU).

    05/12/2013 - Press releases

  • EBA publishes final draft technical standards on conditions for assessing materiality of extensions and changes of internal approaches for credit and operational risk

    The European Banking Authority (EBA) published today its final regulatory technical standards (RTS) specifying the conditions for assessing the materiality of extensions and changes of internal approaches for credit and operational risk. These RTS will be part of the Single rulebook aimed at enhancing regulatory harmonisation in Europe.

    05/12/2013 - Press releases

  • EBA publishes XBRL taxonomy for remittance of supervisory reporting by competent regulatory authorities

    The European Banking Authority (EBA) published today its XBRL taxonomy to be used for remittance of data under the Implementing Technical Standards (ITS) on supervisory reporting. The taxonomy defines a representation for data collection under the reporting requirements related to own funds, financial information, losses stemming from lending collateralised by immovable property, large exposures, leverage ratio and liquidity ratios. It presents the data items, business concepts, relations, visualisations and validation rules described by the EBA Data Point Model contained in the ITS on supervisory reporting.

    02/12/2013 - Press releases

  • EBA presents data on high earners in EU banks for 2012

    The EBA published today a report on the remuneration of EU bank staff who received one million Euro or more in total in 2012. Figures show that the number of high earners was limited in most Member States and quite significant in some others. The report is part of the EBA’s work on bank staff remuneration policies aimed at ensuring prudent and sustainable risk taking in the EU banking sector.

    29/11/2013 - Press releases

  • EBA consults on draft technical standards on own funds

    The European Banking Authority (EBA) launched today a consultation on Draft Regulatory Technical Standards (RTS) on own funds (Part IV) aimed at setting harmonised criteria for instruments with multiple distributions that would create a disproportionate drag on capital, as well as clarifying the meaning of preferential distributions. These RTS will be part of the Single Rulebook in banking aimed at enhancing regulatory harmonisation in Europe and namely at strengthening the quality of capital. The consultation runs until 24 January 2014.

    27/11/2013 - Press releases

  • EBA publishes final draft technical standards on asset encumbrance

    The European Banking Authority (EBA) published today its final implementing technical standards (ITS) on reporting for asset encumbrance. These ITS, which will be part of the EU Single Rulebook in banking, provide reporting templates and instructions with the ultimate aim of ensuring harmonised reporting of asset encumbrance across institutions.

    30/10/2013 - Press releases

  • EBA publishes final draft technical standards on NPLs and Forbearance reporting requirements

    The European Banking Authority (EBA) released today its final technical standards on supervisory reporting on Non-Performing Exposures and Forbearance, which will provide consistent indicators of asset quality of banks across the European Union. The EBA also issued recommendations on asset quality reviews (AQRs) aimed at supporting existing and/or planned reviews across the EU.

    21/10/2013 - Press releases

  • EBA publishes final draft technical standards on close correspondence for own-issued covered bonds

    The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on close correspondence between the fair value of an institution's covered bonds and the fair value of its assets. These RTS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the EU.

    30/09/2013 - Press releases

  • EBA publishes results of the Basel III monitoring exercise as of end 2012

    The European Banking Authority (EBA) publishes today its fourth report of the Basel III monitoring exercise on the European banking system. This exercise, run in parallel with the one conducted by the Basel Committee on Banking Supervision (BCBS) at global level, allowed to gather aggregate results on capital, Risk Weighted Assets (RWAs), liquidity and leverage ratios for banks in the European Union (EU).

    25/09/2013 - Press releases

  • European Supervisory Authorities highlight cross-sectoral risks

    The Joint Committee of the European Supervisory Authorities (ESAs) has published its second bi-annual Report on Risks and Vulnerabilities in the European Union’s (EU) Financial System.

    05/09/2013 - Press releases

  • EBA publishes second interim report on the consistency of risk-weighted assets in the banking book of EU banks

    The European Banking Authority (EBA) released today its second interim report on the regulatory consistency of risk-weighted assets (RWAs) for credit risk in the banking book. This report illustrates the outcomes of the next stage in the EBA's review into RWA consistency in sovereigns, institutions and large corporate exposures, generally referred to as low default portfolios (LDP). The aim was to identify and further understand the sources of any material differences in RWA outcomes for portfolios which are specifically challenging for the banks due to limited availability of data. This analysis is closely aligned with the global work of the Basel Committee which recently released the results of their report.

    05/08/2013 - Press releases

  • EBA, EIOPA and ESMA publish RTS on the consistent application of calculation methods under the Financial Conglomerates Directive

    The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA) has published its draft Regulatory Technical Standards (RTS) on the consistent application of the calculation methods described in the Financial Conglomerates Directive (FICOD) covering the assessment of the financial situation of credit institutions, insurance undertakings and investment firms which are part of a financial conglomerate.

    29/07/2013 - Press releases

  • EBA publishes final draft technical standards on supervisory reporting requirements

    The European Banking Authority (EBA) published today its final draft Implementing Technical Standards (ITS) on supervisory reporting. They set out reporting requirements related to own funds, financial information, losses stemming from lending collateralised by immovable property, large exposures, leverage ratio and liquidity ratios. These draft ITS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in the EU and facilitating a proper functioning of cross-border supervision.

    26/07/2013 - Press releases

  • EBA publishes first final draft technical standards on own funds and credit risk adjustment

    The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) and final draft Implementing Technical Standards (ITS) on own funds, as well as its final draft RTS on credit risk adjustment (CRA). These final draft RTS and ITS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector in Europe and namely at strengthening the quality of capital.

    26/07/2013 - Press releases

  • The EBA publishes a Recommendation on the preservation of capital

    The European Banking Authority (EBA) published today a Recommendation on capital preservation addressed to supervisory authorities in all EU Member States. The Recommendation aims to preserve the enhanced capital base that banks built by 30 June 2012, in response to the EBA’s 2011 recapitalisation Recommendation.

    22/07/2013 - Press releases

  • EBA presents data on high earners in EU banks

    The EBA published today a report featuring data on the remuneration of EU bank staff who received one million Euro or more in total in 2010 and 2011. The report focuses on the gathering of numerical data and provides a first analysis of remuneration structures across the EU. Overall, results show that the number of high earners is limited in most member states, but quite significant in others.

    15/07/2013 - Press releases

  • EBA consults on draft technical standards on prudent valuation

    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.

    10/07/2013 - Press releases

  • Joint Committee of ESAs holds its first Consumer Protection Day

    The Joint Committee of the European Supervisory Authorities (Joint Committee) held its first Consumer Protection Day on 25 June 2013 in Paris. Consumer protection is a major objective for the European Supervisory Authorities (ESAs – EBA, ESMA, EIOPA) and under the auspices of the Joint Committee, they continue to place this high on their agenda for 2013.

    28/06/2013 - Press releases

  • EBA publishes good practices for responsible mortgage lending and treatment of borrowers in payment difficulties

    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.

    13/06/2013 - Press releases

  • ESMA and the EBA publish final principles on benchmarks

    The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published their final report setting out their Principles for Benchmark-Setting Processes in the EU.

    06/06/2013 - Press releases

  • EBA consults on draft technical standards on liquidity

    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.

    23/05/2013 - Press releases

  • EBA consults on draft Technical Standards on the definition of market and on option risks under the standardised approach for market risk

    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.

    22/05/2013 - Press releases

  • EBA consultation on draft Technical Standards on securitisation retention rules

    The European Banking Authority launches today a consultation paper on (i) draft Regulatory Technical Standards (RTS) to specify the securitisation retention rules and related requirements and (ii) draft Implementing Technical Standards (ITS) to clarify the measures to be taken in the case of non-compliance with such obligations. The consultation runs until 22 August 2013.

    22/05/2013 - Press releases

  • Consultation on draft Technical Standards for the definition of material risk takers for remuneration purposes

    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.

    21/05/2013 - Press releases

  • Consultation on draft RTS specifying the range of scenarios to be used in recovery plans

    These draft RTS intend to specify the range of scenarios to be designed by financial institutions when testing their recovery plans.

    20/05/2013 - Press releases

  • Call for Expression of Interest regarding the renewal of the EBA's Banking Stakeholder Group

    The European Banking Authority (EBA) launches today a Call for expression of interest to prepare the renewal of its Banking Stakeholder Group (BSG). The deadline for application is 28 June 2013, 23:59 GMT.

    17/05/2013 - Press releases

  • Consultation Paper on Draft Regulatory Technical Standards on the determination of the overall exposure to a client or a group of connected clients in respect of transactions with underlying assets

    The European Banking Authority launches today a consultation paper on draft Regulatory Technical Standards (RTS) to define the conditions and methodologies used to determine the overall exposure to a client or group of connected clients resulting from a transaction with underlying assets and the risks inherent in the structure of the transaction itself. The consultation runs until 16 August 2013.

    17/05/2013 - Press releases

  • Survey: Review of the European System of Financial Supervision

    The European Parliament has commissioned two studies reviewing the European System of Financial Supervision (ESFS). These studies will inform the deliberations of the European Parliament, in particular its Committee on Economic and Monetary Affairs’ (ECON).

    17/05/2013 - Press releases

  • EBA recommends supervisors to conduct asset quality reviews and adjusts the next EU-wide stress test timeline

    The EBA agreed today on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe.

    16/05/2013 - Press releases

  • Joint Committee of the European Supervisory Authorities calls for action on cross-sectoral risks

    The Joint Committee of the European Supervisory Authorities (Joint Committee) has published today its first Report on Risks and Vulnerabilities in the European Union’s (EU) Financial System.

    12/04/2013 - Press releases

  • EBA Consultation Paper on supervisory reporting on forbearance and non-performing exposures

    The European Banking Authority (EBA) launches today a consultation on definitions and associated reporting templates on forbearance and non-performing exposures. The consultation is open until 24 June 2013.

    26/03/2013 - Press releases

  • EBA publishes results of the Basel III monitoring exercise as of 30 June 2012

    The European Banking Authority (EBA) publishes today its third report of the Basel III monitoring exercise on the European banking system.

    19/03/2013 - Press releases

  • EBA publishes Consumer Trends Report

    The European Banking Authority (EBA) publishes today its annual report on consumer trends which provides an overview of the consumer protection analysis carried out by the EBA.

    18/03/2013 - News - Press releases

  • EBA consults on EU technical standards for recovery plans

    The European Banking Authority (EBA) launches today a consultation on Draft Regulatory Technical Standard (RTS) on the content of recovery plans. In doing so the EBA starts the preparatory work for the implementation of the Recovery and Resolution Directive (RRD) currently discussed by the EU legislators. The consultation runs until 11 June 2013.

    11/03/2013 - Press releases

  • ESAs Joint Letter to the European Commission on the possible regulatory framework for benchmark activities

    The EBA, ESMA, and EIOPA sent a joint Letter to Michel Barnier, European Commissioner for Internal Market and Services, on the possible regulatory framework for benchmark activities.

    07/03/2013 - Press releases

  • EBA publishes Good Practices for ETF Risk Management

    The European Banking Authority (EBA) issues today an Opinion addressed to National Supervisory Authorities (NSAs) on Good Practices for the Risk Management of Exchange Traded Funds (ETFs).

    07/03/2013 - News - Press releases

  • ESMA and the EBA warn investors about contracts for difference

    The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published a warning to retail investors about the dangers of investing in contracts for difference (CFDs)

    28/02/2013 - Press releases

  • EBA interim report on the consistency of risk-weighted assets in the banking book

    The European Banking Authority (EBA) releases today the interim results of its investigation on risk-weighted assets (RWAs) in the banking book aimed at identifying any material difference in RWA outcomes and at understanding the sources of such differences. This report, which illustrates the outcomes of the first phase of the investigation, is part of a wider EBA analysis on the consistency of RWAs, whose ultimate objective is to better understand the differences in the calculation of RWAs and, if need be, to formulate the necessary policy solutions to enhance convergence between banks and to improve disclosure.

    26/02/2013 - Press releases

  • EBA consults on the process to define highly liquid assets in the Liquidity Coverage Ratio (LCR)

    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.

    21/02/2013 - Press releases

  • Andrea Enria's Lectio Magistralis at the University of Trento

    Andrea Enria's Lectio Magistralis at the University of Trento: "The crisis in Europe, the impact on banks and the authorities’ response"

    20/02/2013 - Press releases

  • EBA recommends major EU cross-border banking groups to develop recovery plans

    The EBA adopted a formal Recommendation to ensure that major EU cross-border banks develop group recovery plans by the end of 2013. The plans shall be submitted to the respective competent authorities and discussed within colleges of supervisors. The aim of the Recommendation is to spur the development of recovery plans and to foster convergence on the highest standards across the Union.

    23/01/2013 - Press releases

  • EBA consults on Principles for Benchmarks-Setting Processes in the EU

    The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have today published the results of their joint work on Euribor and propose principles for benchmark rate-setting processes.

    11/01/2013 - Press releases

  • ESMA and the EBA take action to strengthen Euribor and benchmark rate-setting processes

    The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have today published the results of their joint work on Euribor and propose principles for benchmark rate-setting processes.

    11/01/2013 - Press releases