EBA欧洲银行-EBA-Press-Newsletter-June-2016_8页_281kb

EBA Publications Summary (June 2016 - September 2016)

Core Content Overview

The European Banking Authority (EBA) published a series of guidelines, technical standards, opinions, and reports during the period from June 2016 to September 2016. These publications aim to enhance financial stability, consumer protection, and regulatory convergence across the European Union. The EBA's work spans various areas including accounting and audit, anti-money laundering (AML), credit risk, internal governance, payment services, and risk analysis.

Main Topics and Key Deliverables

Accounting and Audit

• Consultation paper on Guidelines on accounting for expected credit losses
  Expected publication: June 2016
  Focus: Provides guidance on how to account for expected credit losses, ensuring consistency and transparency in financial reporting.

• Guidelines for communication between supervisor and auditors
  Expected publication: June 2016
  Focus: Sets out a framework for communication between supervisory authorities and auditors to improve oversight and compliance.

Anti-Money Laundering

• Guidelines on Risk Factors
  Expected publication: August 2016
  Focus: Addresses risk factors related to AML and CFT, aiding supervisory authorities in identifying and mitigating risks.

• Guidelines on Risk Based Supervision
  Expected publication: August 2016
  Focus: Establishes a risk-based approach for supervisory activities, enabling more targeted and effective oversight.

• Consultation Paper on RTS on central contact points
  Expected publication: September 2016
  Focus: Proposes a framework for central contact points to improve information sharing and coordination among supervisory authorities.

• Basel III/CRDIV-CRR Monitoring Report
  Expected publication: September 2016
  Focus: Provides an analysis of the implementation of Basel III and CRD IV/CRR in the EU banking sector as of December 2015.

Consumer Protection and Innovative Products

• Consumer Trends Report 2016
  Expected publication: June 2016
  Focus: Analyzes current trends in consumer behavior and the impact of innovative financial products on the market.

• Consultation Papers on standardised formats under the Payments Accounts Directive (PAD)
  Expected publication: September 2016
  Focus: Proposes standardised formats for fee statements and terminology in banking services to ensure transparency and consistency.

Credit Risk

• RTS on specialised lending exposures
  Expected publication: June 2016
  Focus: Defines the regulatory requirements for specialised lending exposures, enhancing risk management practices.

• Final draft RTS on ECAI securitisation mapping
  Expected publication: July 2016
  Focus: Provides guidance on mapping External Credit Assessment Institutions (ECAs) credit assessments within securitisation frameworks.

• Report on the Cyclicality of Capital Requirements
  Expected publication: September 2016
  Focus: Examines the cyclicality of capital requirements and their implications for financial stability.

Internal Governance

• Report on benchmark diversity practices
  Expected publication: June 2016
  Focus: Addresses the diversity of benchmark practices and their impact on financial markets.

Internal Models

• Guidelines on default of an obligor
  Expected publication: July 2016
  Focus: Defines the criteria for determining the default of an obligor in internal models.

• RTS on materiality threshold; Guidelines on default definition and Report on the QIS results
  Expected publication: July 2016
  Focus: Establishes materiality thresholds and provides clarity on default definitions and quantitative impact studies (QIS) results.

Leverage Ratio

• Report on leverage ratio calibration
  Expected publication: June 2016
  Focus: Assesses the calibration of leverage ratio requirements to ensure consistency and effectiveness across the EU.

Liquidity Risk

• RTS on Cross-border flows within a Group
  Expected publication: June 2016
  Focus: Provides guidance on the management of cross-border liquidity flows within banking groups.

Market Infrastructure

• Guidelines on Qualified Holdings
  Expected publication: September 2016
  Focus: Sets out requirements for qualified holdings, ensuring transparency and consistency in market infrastructure.

Market Risk

• GL on corrections to modified duration for debt instruments
  Expected publication: September 2016
  Focus: Corrects and clarifies the use of modified duration in market risk calculations.

Operational Risk

• ITS on common procedures; forms and templates
  Expected publication: September 2016
  Focus: Provides standardised procedures, forms, and templates for operational risk management.

Payments

• RTS on Separation of payment card scheme and processing entities under IFR
  Expected publication: July 2016
  Focus: Defines the separation of payment card schemes and processing entities, enhancing transparency and accountability.

• RTS specifying the cooperation and exchange of information - notification under PSD2
  Expected publication: July 2016
  Focus: Sets out cooperation and information exchange requirements for payment service providers under the revised PSD2.

• Consultation Paper on RTS on strong authentication and communication under PSD2
  Expected publication: August 2016
  Focus: Proposes standards for strong authentication and secure communication in payment services.

Resolution and Recovery Planning

• Report on Sanctions for breach of national laws implementing BRRD provisions and the publication of penalties by Member States
  Expected publication: July 2016
  Focus: Reviews sanctions and penalties for non-compliance with BRRD provisions.

• Benchmarking report of recovery plans - governance and coverage of entities
  Expected publication: July 2016
  Focus: Assesses the governance and coverage of recovery plans across EU institutions.

• ITS on MREL reporting templates
  Expected publication: July 2016
  Focus: Provides templates for Minimum Requirement for Own Funds and Eligible Liabilities (MREL) reporting.

• Report on Reference point for setting the target level for resolution financing arrangements
  Expected publication: September 2016
  Focus: Establishes a reference point for setting target levels for resolution financing arrangements.

Risk Analysis and Transparency

• Consultation Paper on Guidelines on implementation of the WGD proposals in the EU
  Expected publication: June 2016
  Focus: Proposes guidelines for implementing the WGD (Working Group on the European Deposit Insurance Scheme) proposals.

• Joint Committee Autumn Risk Report
  Expected publication: September 2016
  Focus: Provides an analysis of key risks and vulnerabilities in the EU financial system for the autumn period.

Key Information and Publications

• All documents are subject to approval by the EBA Board of Supervisors (BoS), and publication dates are indicative and may change.
• The EBA conducts public consultations, with feedback submitted via its website and published after the consultation period.
• The EBA also holds public hearings on its consultations, typically at its premises before the end of the consultation period.
• The EBA issues Guidelines and Technical Standards to ensure consistent and effective supervisory practices across the EU.
• Binding Technical Standards (BTS) are legally binding and apply directly in all Member States after publication in the Official Journal of the EU.
• Opinions are provided to the European Commission and national authorities to offer technical advice on regulatory matters.

Summary of Publications

EBA Consultations (March 2016 - May 2016)

• Consultation on draft guidelines on the LCR disclosure
  Runs until 11 August 2016, published on 25 May 2016.

• Discussion Paper on innovative uses of consumer data by financial institutions
  Runs until 04 August 2016, published on 04 May 2016.

• Consultation on RTS on the disclosure of encumbered and unencumbered assets
  Runs until 25 July 2016, published on 25 April 2016.

• Consultation on draft RTS on credit valuation adjustment (CVA) proxy spread
  Runs until 06 July 2016, published on 06 April 2016.

• Consultation on reporting financial information using GAAP
  Runs until 15 April 2016, published on 23 March 2016.

• Consultation on the inclusion of prudent valuation into COREP
  Runs until 30 March 2016, published on 04 March 2016.

EBA Guidelines (March 2016 - May 2016)

• Guidelines on stress tests of deposit guarantee schemes (DGSs)
  Published on 24 May 2016.

• Guidelines on how information should be provided under the BRRD
  Published on 19 April 2016.

EBA Technical Standards

• RTS on the content and presentation of the KIDs for PRIIPs
  Published on 07 April 2016.

• RTS on Risk Mitigation Techniques for OTC contracts
  Published on 08 March 2016.

• ITS Amending Commission Implementing Regulation
  Published on 08 March 2016.

EBA Opinions

• Opinion on the European Commission's intention to amend the draft ITS on the mapping of ECAs credit assessments
  Published on 12 May 2016.

• Opinion on Commission amendments to ITS on benchmarking of internal approaches
  Published on 12 May 2016.

• Opinion on additional collateral outflows with regard to the HLBA calculation method
  Published on 03 May 2016.

• Opinion on Customer Due Diligence on Asylum Seekers
  Published on 12 April 2016.

EBA Reports

• Decision on the Use of Unsolicited Credit Assessments
  Published on 17 May 2016.

• Guidance Note on compiling IMF FSIs
  Published on 11 May 2016.

• First List of Other Systemically Important Institutions (O-SILs) in the EU
  Published on 25 April 2016.

• End of term of office report of the EBA's Banking Stakeholder Group
  Published on 19 April 2016.

• Report on Securitisation Risk Retention Due Diligence and Disclosure
  Published on 12 April 2016.

• Call for papers for the 5th Annual EBA Research Workshop
  Published on 11 April 2016.

• Spring 2016 Report on Risks and Vulnerabilities in the EU Financial System
  Published on 11 April 2016.

• Risk Dashboard on the main risks and vulnerabilities in the banking sector
  Published on 06 April 2016.

• Report on Remuneration and High Earners 2014
  Published on 30 March 2016.

• Report on small and medium enterprises (SMEs) and SME supporting factor
  Published on 23 March 2016.

• Decision on specifying the benchmark rate under the MCD
  Published on 21 March 2016.

• Response to the EU Commission Green Paper on Retail Financial Services
  Published on 21 March 2016.

• Revised XBRL taxonomy for supervisory reporting
  Published on 08 March 2016.

• CRDIV-CRR Basel III Monitoring Exercise Report
  Published on 02 March 2016.

• Report on list of identified Financial Conglomerates
  Published on 01 March 2016.

Conclusion

The EBA's publications during this period reflect its commitment to enhancing financial stability, promoting regulatory convergence, and improving consumer protection. The work covers a wide range of areas, from accounting and audit to payment services and risk management. These publications are essential for ensuring a consistent and effective regulatory framework across the EU.