EBA欧洲银行-JC-2013-002_Joint_Committee_Work_Programme_2013_3页_143kb

报告摘要

2013 Work Programme of the Joint Committee Summary

I. Core Content

The Joint Committee (JC) outlined its key priorities for the year 2013, focusing on consumer protection, risk assessment, regulatory work, supervisory practice, and common processes and procedures. The goal is to enhance regulatory coherence, improve consumer safeguards, and strengthen financial stability across the European Union.

II. Main Areas of Focus

1. Consumer Protection

High Priority: Consumer protection remains a central focus in 2013.
Joint Consumer Strategy Day: Organized for the first time.
Three Work Streams:
- Consumer Protection Sub-Group: Prioritizes cross-selling and complaints handling. It assesses the adaptability of insurance sector complaints handling principles to securities and banking sectors. Also reviews ESA templates for consumer trend data collection, analysis, and reporting.
- Product Oversight and Governance Sub-Group: Develops high-level principles for the product approval process based on a 2012 mapping exercise. Focuses on strengthening controls before product launch.
- Retail Products Sub-Group (PRIPs): Supports the European Commission in developing delegated acts and draft Regulatory Technical Standards (RTS) for disclosures in packaged retail investor products.

2. Risk Assessment

Bi-Annual Reports: Two reports on risks and vulnerabilities will be submitted to the Council's Economic and Financial Committee's Financial Stability Table.
Risk Indicators and Analysis: The Risk Sub-Committee will enhance its analytical approach and develop suitable indicators for cross-sectoral financial risks.
Cooperation on Key Risks: Includes shadow banking, bank funding, credit derivatives, asset encumbrance, financial innovation, and market integration.
Risk Dashboards: The Risk Sub-Committee will improve the consistency, scope, and analytical granularity of the ESAs' Risk Dashboards.
Cross-Sectoral Risk Database: A pilot database may be developed to focus on key entities and interdependencies within the financial system.

3. Regulatory Work

Financial Conglomerates Directive: The ESAs will support the European Commission's review and may develop joint technical standards on risk concentrations, intra-group transactions, and relevant competent authorities.
EMIR Regulation: Work on OTC derivatives regulation will continue, with potential alignment to global initiatives. The deadline for submitting RTS may be postponed.
Anti-Money Laundering (AML): Ongoing work includes assessing equivalent/non-equivalent countries, adapting the AML/PSD Cooperation Protocol, and developing a new work-stream on risk-based AML supervision.
Credit Ratings and ECAI: Joint development of ITS under the Capital Requirements Regulation and alignment of ECAI recognition between CRD IV and Solvency II. A biannual report on Member States' legislation related to external ratings will be published in 2014.
Audit Guidelines/Technical Standards: Potential development of guidelines/technical standards in relation to audit, subject to legislative developments.
Impact Assessment Network: Continues to support the ESAs in impact assessment considerations and the production of technical standards and guidelines.

III. Supervisory Practice

Cross-Sectoral Training Programme: Joint ESAs training initiatives will be developed.
AML Supervisory Practices: The AML Sub-Committee will assess supervisory practices and risk-based approaches to promote common methodologies.
Financial Conglomerates Monitoring: The Financial Conglomerates Sub-Committee will continue to monitor discussions and requirements.

IV. Common Processes and Procedures

European System of Financial Supervision (ESFS): The ESAs will contribute to the Commission's assessment of the ESFS, providing information on achievements and key indicators.
Framework Improvements: Exchanges of views on possible enhancements to the ESA framework.
Benchmarks and Market Indices: Participates in the EBA-ESMA working group on principles and guidelines for benchmarks, particularly in the context of EURIBOR.
Legislative Monitoring: Continues to track legislative developments and proposals in 2013.
Banking Union Impact: Assesses the potential impacts of the Banking Union proposal on risk assessment and supervision of financial conglomerates.

V. Key Information

The JC aims to increase visibility of its work to external stakeholders.
Collaboration is emphasized across sectors and with international bodies.
Regulatory convergence and supervisory consistency are central to the JC's objectives.
The Risk Sub-Committee and Consumer Protection Sub-Committee play key roles in shaping future regulatory and supervisory frameworks.

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