EBA欧洲银行-EBA-2019-Work-Programme_31页_806kb

报告摘要

EBA 2019 Work Programme Summary

Core Content

The European Banking Authority (EBA) 2019 Work Programme outlines the strategic priorities and activities for the EBA in the coming year, with a focus on implementing Basel III, addressing financial innovation, enhancing banking data management, ensuring a smooth relocation to Paris, and increasing the loss-absorbing capacity of the EU banking system. It also highlights the EBA's role in promoting supervisory convergence, improving consumer protection, and preparing for the UK's withdrawal from the EU.

Main Strategic Priorities

Leading the Basel III implementation in the EU
- Ensuring the development and consistent application of the Single Rulebook.
- Conducting impact assessments to align with the principle of proportionality.
- Developing toolkits to monitor risk-weighted asset calculations and reduce variability and arbitrage.
- Enhancing transparency in the implementation of new rules.
Understanding risks and opportunities arising from financial innovation
- Focusing on product innovation, including securitisation, sustainable finance, and green bonds.
- Addressing the impact of FinTech on business models, consumer protection, and AML/CFT.
- Promoting supervisory convergence and cyber security measures.
- Developing a FinTech Knowledge Hub to facilitate information sharing and knowledge transfer.
Collecting, disseminating and analysing banking data
- Finalising the data infrastructure to support EU-wide data collection and analysis.
- Expanding access to supervisory data to improve risk analysis and regulatory impact assessment.
- Reducing the need for ad hoc data collections through improved data standardisation and analysis.
Ensuring a smooth relocation of the EBA to Paris
- The relocation is a key operational challenge.
- The objective is to maintain business continuity and reduce disruption for staff and stakeholders.
Fostering the increase of the loss-absorbing capacity of the EU banking system
- Supporting resolution authorities in setting MREL (Minimum Requirement for Own Funds and Eligible Liabilities) for banks.
- Ensuring credible and consistent resolution planning.
- Clarifying the composition and quality of MREL, including subordination and other eligibility criteria.

Horizontal Priorities

Strengthening the proportionality principle
- Proportionality is a key consideration in all EBA activities rather than a standalone objective.
Enhancing supervisory convergence and the integrity of the Single Rulebook
- Through monitoring, assessment, regulatory product development, and training for competent authorities.
Improving consumer protection
- Enhancing transparency, simplicity, and fairness in consumer financial products and services across the EU Single Market.
Preparing for the UK's withdrawal from the EU
- Coordinating contingency planning, risk analysis, and supervisory cooperation between EU authorities and the UK.

Key Activities for 2019

Activity	Description	Main Outputs
Activity 1: Capital	Ensuring the robustness of capital quality and consistency in regulatory implementation.	- Maintenance of standardised templates on AT1 instruments. <br> - Analysis of interactions with loss absorbency requirements. <br> - Assessment of post-CRR instruments and review of pre-CRR instruments. <br> - Report for the monitoring of AT1 issuances.
Activity 2: Liquidity risk and interest rate risk in the banking book	Monitoring liquidity and IRRBB (Interest Rate Risk in the Banking Book) implementation.	- Delivering regulatory products updating liquidity requirements. <br> - Monitoring national practices on liquidity and national options. <br> - Preliminary work for possible reports and RTS/GL under the CRDV package.
Activity 3: Leverage ratio	Supporting the consistent application of leverage ratio reporting and disclosure.	- Monitoring and promoting consistent application of leverage ratio. <br> - Delivering regulatory products updating leverage ratio requirements.
Activity 4: Loss absorbency	Focusing on MREL and Total Loss-Absorbing Capacity (TLAC) for G-SIBs.	- Monitoring MREL eligible liabilities. <br> - ITS on MREL disclosure and reporting (consultation).
Activity 5: Accounting and audit	Supporting high-quality accounting and audit standards, especially IFRS 9 and Expected Credit Losses.	- Monitoring and promoting consistent application on IFRS 9. <br> - Quantitative impact monitoring. <br> - Finalisation of RTS on consolidation and GL on banking activities.
Activity 6: Large exposures	Monitoring the use of national discretions and updating RTS/GL based on Basel revisions.	- Monitoring use of options and national discretions. <br> - Possible updates to existing RTS/GL. <br> - Preliminary work for CRR2/CRDV deliverables.
Activity 7: Credit risk	Developing TS, GL, and reports on credit risk calculation under Standardised Approach and IRB.	- Maintenance of credit-related lists. <br> - Monitoring and promoting consistent application. <br> - 2019 benchmarking report on IRB models. <br> - GL on credit risk mitigation.
Activity 8: Market risk	Focusing on market risk, CVA, and counterparty credit risk.	- Preparation of EU counterparty credit risk implementation. <br> - Updates to diversified stock indices. <br> - 2019 benchmarking report on market risk models. <br> - Annual update to closely correlated currencies.
Activity 9: Operational risk and investment firms	Supporting the implementation of the new prudential regime for investment firms.	- Preparation for the implementation of IFR/IFD. <br> - Monitoring and promoting consistent application. <br> - Q&A support on operational risk and investment firms.
Activity 10: Supervisory review	Further policy development in line with the Pillar 2 Roadmap and CRDV/CRR2 package.	- Supervisory risk taxonomy. <br> - Delivering regulatory products and technical advice. <br> - Bilateral engagements to assess implementation challenges.
Activity 11: Internal governance and remuneration	Monitoring governance structures and remuneration practices.	- Monitoring and promoting consistent application. <br> - Delivering regulatory products and technical advice. <br> - Q&A support. <br> - Report on high earners.
Activity 12: Recovery and resolution	Supporting the implementation of recovery and resolution frameworks.	- Ongoing monitoring and analysis.
Activity 13: Reporting	Enhancing the quality and consistency of reporting across the EU.	- Ongoing work on reporting standards.
Activity 14: Transparency	Promoting transparency in financial markets and supervisory processes.	- Enhancing transparency through reporting and communication.
Activity 15: Loans management and valuation	Improving the management and valuation of loans.	- Ongoing work on loan valuation and risk assessment.
Activity 16: Market access, authorisation and equivalence	Ensuring consistency in authorisation and equivalence across the EU.	- Ongoing monitoring and analysis.
Activity 17: Banking markets, securitisation, covered bonds and sustainable finance	Supporting the development of securitisation and covered bonds frameworks, and promoting sustainable finance.	- Ongoing work on securitisation and covered bonds. <br> - Development of sustainable finance standards.
Activity 18: Innovation and FinTech	Fostering innovation while maintaining regulatory neutrality.	- Supporting FinTech development through knowledge sharing and guidelines.
Activity 19: Consumer and depositor protection	Enhancing consumer protection in the context of new regulations and FinTech.	- Promoting transparency, simplicity, and fairness.
Activity 20: Payment services	Supporting the convergence of supervisory practices in payment services.	- Ongoing work on payment service regulations.
Activity 21: Anti-money laundering and combating the financing of terrorism (AML/CFT)	Strengthening AML/CFT frameworks and supervisory practices.	- Ongoing monitoring and analysis.
Activity 22: Risk analysis	Conducting regular risk assessments and stress tests.	- Ongoing risk analysis and reporting.
Activity 23: Stress testing	Supporting the implementation of EU-wide stress tests.	- Ongoing stress testing activities.
Activity 24: Data analysis and infrastructure	Developing a robust EU-wide data infrastructure.	- Ongoing data collection and analysis projects.
Activity 25: Statistical tools	Enhancing statistical tools for regulatory and supervisory analysis.	- Ongoing development and improvement.
Activity 26: Ad hoc data collections	Reducing the need for ad hoc data collections through improved data infrastructure.	- Ongoing efforts to streamline data collection.
Activity 27: Management of the notification process	Ensuring the effective management of regulatory notifications.	- Ongoing monitoring and follow-up actions.
Activity 28: Economic analysis and impact assessment	Conducting economic analysis and impact assessments of regulatory reforms.	- Ongoing work on impact assessments.

Key Information

The EBA is expected to produce a large number of regulatory documents, including technical standards, guidelines, and reports.
The relocation to Paris is a significant operational challenge, requiring careful management to ensure business continuity.
The UK's withdrawal from the EU (Brexit) has a twofold impact on the EBA: it affects the coordination of supervisory practices and the EBA's own operations.
The EBA will continue to play a central role in promoting supervisory convergence, transparency, and the development of the European Single Rulebook.
The implementation of Basel III and the associated regulatory changes will be a major focus, with the EBA developing guidance and tools to support consistent application across the EU.

展开完整摘要