EBA欧洲银行-EBA-BS-2015-465-28Request-for-Adoption-of-the-2016-EBA-Budget29_3页_201kb

EBA 2016 Budget Summary

Core Content

The document outlines the process and figures related to the adoption of the European Banking Authority (EBA) 2016 budget. It provides a detailed comparison of the budget between 2015 and 2016, as well as between the preliminary draft and the final approved budget.

Main Points

• The Board of Supervisors approved the 2016 preliminary draft budget (PDB) of EUR 42,989,000 with an establishment plan of 150 temporary agents (TA) in January 2015.
• The European Commission presented a draft budget of EUR 34,827,676 with 127 TA in June 2015, which was approved by the Council in September 2015.
• During the conciliation process with the European Parliament, the budget was increased to EUR 38,064,000 with no change in the number of TA (127), and this was approved by the Parliament on November 25th, 2015.
• The Management Board adopted the 2016 budget, establishment plan, and financing decision on December 14th, 2015.
• The Board of Supervisors is requested to formally adopt the EUR 38,064,000 budget for the EBA to be available from the beginning of 2016.

Key Information

Budget Comparison: 2016 vs. 2015

Funding Sources

Staffing Changes

Additional Notes

• The average cost per staff member increased due to a 2.4% salary indexation and an increase in the salary correction coefficient from 150.7 to 166.9, both of which are mandated by the Staff Regulations.
• From 2016 onwards, the EBA is required to cover 60% of employer's pension contribution costs from its own budget, which is fully funded by the NCA. The remaining 40%, representing the EU contribution, is paid directly from the EU budget.
• The EUR:GBP exchange rate for 2016 is assumed to be 0.71, compared to the InforEuro rate of 0.7268 in 2015. This exchange rate affects more than 85% of the EBA's expenditure.
• In 2015, the EBA was required to pay only six months' rent under the Canary Wharf lease, but in 2016, a full year's rent will be due.

Conclusion

The EBA's 2016 budget, EUR 38,064,000, was finalized after a series of approvals and negotiations with the European Commission and the European Parliament. It reflects an overall increase of 14% compared to the 2015 budget and includes adjustments to staffing levels and funding sources. The budget is now ready for adoption by the Board of Supervisors to ensure its availability from the start of 2016.