EBA欧洲银行-EBA-MB-2015-078-28Final-Minutes-MB-meeting-15-Sept201529_7页_410kb

EBA Management Board Meeting Summary - 15 September 2015

Core Content

The EBA Management Board (MB) met on 15 September 2015 in London, reviewing several key items including administrative and operational status, proposed staff regulations, the 2016 Work Programme (WP), and other strategic initiatives. The meeting aimed to align the EBA's activities with the European Commission's budgetary framework and ensure transparency and accountability to the European Parliament.

Main Points and Key Information

Agenda Item 1: Opening and Approval of Agenda and Minutes

• The meeting was opened by the Chairperson, Andrea Enria.
• The MB approved the provisional agenda (EBA MB 2015 063rev1) and the draft minutes of the June 2015 meeting (EBA MB 2015 060rev1).

Agenda Item 2: Administrative and Operational Status Report

• The Director of Operations provided a report on EBA activities since the last MB meeting.
• Key points:
  • The 2015 EBA budget was amended and approved by the European Commission and the Board of Supervisors (BoS).
  • Budget execution for 2015 was expected to be at a certain level.
  • There were vacancies for the rest of the year and a staff reclassification exercise was underway.
  • A training programme for EBA staff and competent authorities (CAs) was in progress.
  • A joint procurement for travel services was launched and expected to be concluded by May 2016.
• The MB agreed to present payment statistics only once a year.

Agenda Item 3: Implementing Rules to the Staff Regulations

• The Executive Director presented four decisions implementing the Staff Regulations based on model decisions approved by the Commission.
• A decision to freeze the education allowance for 2015/2016 was also proposed.
• Members requested clearer explanations of differences between new and repealed decisions in the future.
• The MB adopted the decisions.

Agenda Item 4: EBA Work Programme

• The Executive Director presented an updated proposal for the 2016 WP and MAWP 2016-2018.
• The proposals were consistent with the 2016 budget request but may be adjusted based on the final budget.
• Members requested inclusion of the mandated submission dates for regulatory products and thorough prioritisation of key deliverables.
• The MB agreed that the development and maintenance of the single rulebook, consumer protection, and monitoring of financial innovation should be central to the EBA's work.
• A WP dashboard was presented to monitor progress, and members suggested improvements.
• The EBA would review FTE allocation and present it at the next MB meeting on 17 November 2015.

Agenda Item 5: EBA's Accountability to the European Parliament

• The MB discussed the positive outcome of the annual hearing with the European Parliament's ECON Committee.
• The report by MEP Burkhard Balz on the EU Financial Services Regulation highlighted the need for transparency and accountability, requesting provisional drafts and revised ESA Regulations.
• The MB suggested discussing structural banking reform in advance of the November meeting.

Agenda Item 6: Payment of Contributions to the EBA's Budget

• The EBA had approached the Commission's Directorate-General for Budget to inquire about paying national contributions in GBP.
• The MB would be informed of any follow-up.

Agenda Item 7: Proposal for the BSG Renewal Process

• The BSG's second term would expire on 14 April 2016.
• The proposal included:
  • A review of the 2.5-year mandate.
  • Sharpened policy to mitigate conflicts of interest.
  • Extended consideration to payment institutions, credit intermediaries, and non-bank creditors.
  • Broader publication of the call for interest with CAs' help.
• The MB agreed with the proposal and requested that the draft call for interest be submitted to the BoS for approval.

Agenda Item 8: Proposal for the Appointment of BSG Consumer Representatives

• Two vacancies for consumer representatives in the BSG were to be filled.
• The list of candidates was based on a call for interest launched in August 2015.
• One member requested further justification on the nationality of the candidates.
• The MB approved the proposal with an amendment to include nationality justification.

Agenda Item 9: Update on EBA's Involvement in AQR/Stress Test Processes in Bulgaria and Romania

• The EBA provided technical advice as an observer to Romania and Bulgaria on their AQR and stress test processes.
• The advice was in the context of balance of payment assistance (Romania) and macroeconomic imbalances procedure (Bulgaria).
• Both competent authorities appeared willing to use the methodology under development for the 2016 EU-wide stress test.
• The MB would be informed once the EBA's involvement concluded.

Agenda Item 10: Update on the Preparation of a Business Plan for an EBA European Training Hub

• The Executive Director presented the state of play following the BoS away day meeting on 9-10 July 2015.
• Key activities:
  • Development of a pilot online training module on recovery plans with EUI.
  • Preparation of a business plan to establish the EBA as a training hub for the single rulebook.
  • Details of one-off costs were still being finalised, with running costs to be recovered via participation fees.
  • A feasibility study was to be conducted under the EU financial Regulation.
• A business plan would be presented at the BoS meeting of 27-28 October 2015.

Agenda Item 11: Update on the Implications of SV Capital OÜ v. EBA Judgment

• The EBA staff presented a note on the implications of the General Court's judgment in case T-660/14.
• The court annulled the BoA's decision to review an EBA decision not to investigate a complaint.
• This decision reinforced the EBA's autonomy in determining which BUL investigations to carry out, potentially reducing preliminary enquiries.
• The MB noted that the judgment could affect the volume of BoA's cases.

Agenda Item 12: BoS 27-28 October Meeting - Provisional Agenda

• The provisional agenda for the upcoming BoS meeting was presented.
• The MB was invited to submit comments, which would be sent to the BoS.

Participants

• Chairperson: Andrea Enria
• Alternate Chairperson: One
• Country Members/Alternates:
  • Germany: Peter Lutz
  • Italy: Luigi Federico Signorini
  • Netherlands: Jan Sijbrand
  • Poland: Andrzej Reich
  • Spain: Fernando Vargas Bahamonde
  • United Kingdom: Sasha Mills
• EU Institution Representative: Dominique Thienpont (European Commission)
• EBA Staff:
  • Executive Director: Adam Farkas
  • Director of Operations: Peter Mihalik
  • Director of Regulation: Isabelle Vaillant
  • Other staff members: Mario Quagliariello, Slavka Eley, Fergus Power, Jonathan Overett Somnier, Cédric Coraillon-Parquet, Ester Botica Alonso, Ioannis Bolossis, Santiago Barón Escámez

Conclusion

The meeting concluded with the approval of several proposals and decisions, including the BSG renewal process, the appointment of consumer representatives, and the adoption of staff regulations. The EBA continued to work on its 2016 Work Programme and Business Plan for a European Training Hub, with further updates expected at the BoS meeting in October 2015.