EBA欧洲银行-EBA-MB-2012-073-28Minutes-12-June-201229_6页_231kb

Meeting Minutes Summary - 12 June 2012 Management Board Meeting

Core Content

The 12 June 2012 Management Board (MB) meeting of the European Banking Authority (EBA) covered a range of agenda items, including the approval of minutes, welcoming new members, planning for an Away-Day meeting, reviewing the third country equivalence process, discussing the EBA work programme, budgetary and administrative updates, and addressing HR and ethics guidelines. The meeting concluded with several decisions and agreed actions.

Main Topics and Key Points

1. Opening and Approval of Minutes and Agenda

• The minutes of the previous MB meeting were approved.
• The agenda for the meeting was confirmed.

2. Welcome of Newly Elected Members

• Daniele Nouy, Andrew Bailey, and Fernando Vargas Bahamonde (represented by Cristina Iglesias) were welcomed as newly elected members.
• David Rozumek and Karoly Szasz were thanked for their contributions over the past 1.5 years.

3. Away-Day Potential Agenda

• The Away-Day meeting should focus on supervisory issues.
• Three sessions were proposed:
  • Session 1: Backward-looking discussion on lessons learned from past supervision and actions taken by national authorities.
  • Session 2: Current situation and steps forward, focusing on asset quality, funding, and business models.
  • Session 3: European Banking Union and supervisory convergence.
• The MB suggested topics such as historical experience, EBA's role in colleges, and long-term supervisory framework.
• External speakers were considered for some sessions.

4. Third Country Equivalence Assessment Process

• Two options were presented:
  • Option 1: Wait for the EBA lead network to be established in mid-2012.
  • Option 2: Use existing working groups to assess equivalence.
• The MB supported Option 1, with the possibility of involving expert groups for support.

5. EBA Work Programme

• The Work Programme (WP) is to be presented by September 2012.
• Priority areas identified:
  • Oversight: Risk-weighted assets, asset quality review, funding, stress testing, crisis management, and supervisory practices.
  • Policy Regulation: Crisis management resolution, liquidity standards, SME lending, remuneration benchmarking, and consumer protection.
• A written procedure will be launched in July 2012 to finalize the WP and submit it for approval by the Board of Supervisors (BoS) by September.

6. EBA Long Term Office Solution

• Two options for the long-term office solution were discussed, pending approval from the European Parliament (EP).
• A meeting with MEP Hohlmeier was held on 31 May to discuss these options.
• Further updates will be provided to the MB.

7. Administrative and Operational Status Report

• Budget execution updates were provided, with an added Annex to clarify EU terminology.
• Procurement tenders for travel services and IT infrastructure were scheduled.
• HR appraisal exercise was launched in May and expected to be completed by 27 June.
• The Commission changed the rule for performance appraisals, no longer aligning with stated objectives.
• The first draft of the data point model for ITS was published for consultation.

8. EBA Annual Accounts 2011

• The 2011 Annual Accounts were presented, along with the Court of Auditors' preliminary opinion.
• Six observations were made by the Court of Auditors.
• The MB agreed to endorse the Annual Accounts via written procedure by the end of June and send them to the Commission, European Parliament, and Court of Auditors.

9. HR Implementing Rules

• The Guide to Missions, submitted by the European Supervisory Authorities (EASs), was presented.
• The MB approved the Guide to Missions.

10. Ethics Guidelines

• A draft of the Ethics Guidelines was presented, based on DG MARKT text with additional amendments.
• Members were invited to provide written comments and approve the Decision via written procedure.

11. Agenda Item AOB (Other Business)

• An update on the Internal Crisis Team was given, including the review of the Code of Conduct and preparation of an emergency contact list.
• The Chairperson emphasized the importance of multilateral communication before taking national-level decisions.

Key Information

• The Away-Day meeting will be structured into three sessions with case studies and an external presentation.
• The EBA Work Programme will be finalized in July and approved by the BoS in September.
• The MB endorsed the 2011 Annual Accounts and will send them to relevant authorities.
• The Guide to Missions and Ethics Guidelines were approved.
• HR and administrative updates were provided, including changes to performance appraisal rules and procurement plans.

Participants

• Chairperson: Andrea Enria
• MB Members: Danièle Nouy, Jukka Vesala, David Rozumek, Andrew Bailey, Uldis Cerps, Cristina Iglesias
• Representatives: Mario Nava (European Commission), Anthony Kruizinga (SCConFin Chair), Peter Lutz (MB alternate for Raimund Roseler)
• Staff: Adam Farkas (Executive Director), Isabelle Vaillant (Director Regulation), Piers Haben (Director Oversight), Peter Mihalik (Director Operations), Corinne Kaufman, Joseph Mifsud, Patricia Juanes Burgos