EBA欧洲银行-BSG-2012-21minutes-7th-meeting-BSG-20-April-2012FINAL_1_6页_217kb

Summary of the 6th Meeting of the Banking Stakeholder Group (BSG)

Date and Location

• Date: 20 April 2012
• Location: EBA's offices, London

Core Content

The 6th meeting of the Banking Stakeholder Group (BSG) focused on key developments in the EU banking system, regulatory planning, and technical working groups. The meeting aimed to align stakeholders with the EBA's initiatives and to address challenges and opportunities in the sector.

Main Topics and Key Points

1. Greeting, Approval of Agenda & State of Play

• The meeting commenced with greetings and approval of the agenda.
• The BSG Chair and Vice-Chair provided an overview of key matters of concern, major developments, and future issues in the EU banking system.

2. Developments in the EU Banking System

• Recapitalisation and Deleveraging: The EBA discussed the current status of recapitalisation plans, deleveraging actions, and the ECB's Long Term Refinancing Operations (LTRO).
• Stress Test Proposal: There was a suggestion to postpone the EU-wide stress test to the next year and to re-focus it as a supervisory exercise with multiple scenarios and a capital threshold.
• CRDIV/CRR: Concerns were raised about the potential reduced remit of the EBA in developing technical standards and the implications for the Single Rule Book.
• Regulatory Uncertainty: The BSG acknowledged the uncertainty in some regulatory areas and the need for clarity.

3. Regulatory Planning and EBA's Work

• The EBA provided an update on its regulatory work for the second half of 2012 and 2013.
• The CRD IV/CRR negotiations were ongoing, affecting the stability of EBA mandates.
• Several Binding Technical Standards and Guidelines were presented, including those on remuneration policies, suitability of management body members, and supervisory reporting.

4. EBA Consultation Paper on Own Funds

• The EBA published a consultation paper on draft Regulatory Technical Standards (RTS) on Own Funds, with a 3-month consultation period ending on 4 July 2012.
• The standards cover all aspects of own funds, from high-quality instruments to lower-quality ones, aiming to enhance regulatory harmonisation and capital quality.
• A separate consultation on disclosure requirements for own funds is planned before summer.
• The majority of these standards are expected to be delivered to the EU Commission by 1 January 2013.
• The BSG Technical Capital Working Group (TWGC) was invited to provide feedback on the consultation.

5. Technical Working Group on Bank Capital

• Louise Lindgren updated the BSG on the TWGC's progress, noting that they had not yet discussed all issues in the EBA consultation.
• The TWGC will prepare a response to the EBA consultation paper, coordinated by Christian Lajoie.
• The EBA will make public the BSG's opinions and advice, as per its regulation.

6. Technical Working Group on Consumer Protection

• The EBA established a separate unit and Standing Committee for consumer protection and financial innovation.
• BSG members suggested prioritising areas such as early warning systems, disintermediation, peer-to-peer lending, mortgages, and complaint handling.
• Coordination with the Financial Services Users Group was highlighted as a key step.
• The BSG Chair was tasked with liaising with the High-level Expert Group on EU banking sector reforms and discussing the EU Commission's paper on bail-in.

7. Technical Working Group on Bank Liquidity

• Andrea Resti presented an update on the TWGL's work, aiming to prepare a position paper.
• The group sought empirical evidence and data analysis to support their policy views.
• EBA staff noted that they lacked individual supervisory data on liquidity and would not share it due to confidentiality.
• The TWGL proposed acquiring data independently to overcome these limitations.
• The EBA will provide data from a sample of banks to the BSG for discussion in the July meeting.

8. Other Business (AOB)

• The BSG proposed writing to the EU Commission for additional resources for the EBA.
• The resignation of Oliver Schuetz was noted with regret, and the EBA will handle the vacancy process.
• The BSG acknowledged the change in EBA staff support and thanked Tomasz Nastrowicz for his contributions.

Participants

BSG Members

• Industry: Arnold Kuijpers, Christian Lajoie, Bostjan Kisper, Monica Cueva Diaz, Pamela Walkden, Robin Jarvis, Magdolna Szőke, Sylvie Bourguignon, Michel Barbet-Massin, Michelle Brennan, Zita Ceponyte, Sony Kapoor (Chairperson), Louise Lindgren, Daniel Gros, David T Llewellyn (Vice-Chairperson), Andrea Cesare Resti, Giles Williams, Giovanni Ferri, Guglielmo Zadra, Holger Schwannecke, Erik Berggren, Holger Schwannecke, Lubomir Christov, Ute Meyenberg, Michel Barbet-Massin, Michel Barbet-Massin, Marcin Kawinski

EBA Staff

• Andrea Enria, Adam Farkas, Isabelle Vaillant, Corinne Kaufman, Carlos Zarco, Delphine Reymondon, Ivo Jarofke, Tea Turcaniova, Shamim Diouman

Action Points

• BSG to submit its opinion on the EBA's consultation paper on RTS on Own Funds.
• Andrea Resti to take forward the next steps for the TWGL.
• The revised draft comments of the TWGL will be circulated and discussed at the July BSG meeting.
• The BSG Chair to contact the High-level Expert Group on EU banking sector reforms and invite them to a future meeting.
• The BSG Chair to come back to members on the EU Commission paper on bail-in.