EBA欧洲银行-EBA-2016-Work-Programme-28revised29_31页_738kb

EBA 2016 Annual Work Programme Summary

Core Content

The European Banking Authority (EBA) Annual Work Programme for 2016 outlines the strategic priorities and activities aimed at fulfilling its mandate under EU banking regulations. The programme is structured around eight strategic areas, each with specific objectives, deliverables, and resource allocations. It also includes details on the expected outcomes, main outputs, and any delays or postponements of certain activities.

Main Strategic Areas and Activities

A. Regulation and Policy Framework – Single Rulebook Development

The EBA is tasked with developing and maintaining the Single Rulebook to ensure a level playing field for financial institutions and enhance the quality of financial regulation. Key activities include:

• Activity 1: Capital

  • Description: Monitoring the quality of own funds, developing standardised term sheets for capital instruments, and maintaining public lists of CET1 instruments.
  • Expected Results: Ensure the quality of all capital tiers is maintained.
  • Main Outputs: Standardised templates for AT1 instruments, reports on CET1 monitoring, analysis of interactions with loss absorbency requirements.
  • FTE: 2

• Activity 2: Internal Governance, Remuneration, and AML

  • Description: Focus on governance, remuneration policies, and anti-money laundering (AML) issues.
  • Expected Results: Remuneration policies aligned with sound risk management.
  • Main Outputs: Guidelines on internal governance, suitability assessment, remuneration benchmarking, and AML-related guidelines.
  • FTE: 4

• Activity 3: Liquidity Risk

  • Description: Develop technical standards and guidelines on liquidity risk, including LCR and intraday liquidity risk.
  • Expected Results: Contribute to the calibration of NSFR rules and ensure consistent implementation.
  • Main Outputs: Guidelines on LCR disclosure, ITS on LCR reporting.
  • FTE: 2

• Activity 4: Leverage Ratio

  • Description: Monitor and report on the leverage ratio, including calibration and impact analysis.
  • Expected Results: Ensure proper reporting of leverage ratio and its components.
  • Main Outputs: Calibration report on leverage ratio.
  • FTE: 1

• Activity 5: Credit Risk and Modelling

  • Description: Focus on credit risk adjustments, default definitions, and risk-weighted asset calculations.
  • Expected Results: Promote consistent implementation of credit risk provisions.
  • Main Outputs: Guidelines on PD estimation, LGD calculation, and IRB model corrections.
  • FTE: 8.5

• Activity 6: Market Risk

  • Description: Address market risk through technical standards and guidelines on stressed VaR, IRC, and CVA.
  • Expected Results: Enhance convergence in market risk management.
  • Main Outputs: Guidelines on market risk, CVA recommendations, and RTS on market risk assessments.
  • FTE: 4

• Activity 7: Market Infrastructure

  • Description: Focus on EMIR and CRD IV/CRR provisions, including CCPs and market infrastructure interactions.
  • Expected Results: Provide analysis on EMIR and CRD IV/CRR.
  • Main Outputs: Joint Assessment Team report, ESAs Joint Guidelines on prudential assessment.
  • FTE: 2

• Activity 8: Securitisation and Covered Bonds

  • Description: Develop technical standards and guidelines on securitisation, covered bonds, and risk weights.
  • Expected Results: Ensure consistent implementation of securitisation and covered bonds regulations.
  • Main Outputs: Guidelines on implicit support, annual reports on securitisation retention rules.
  • FTE: 3

• Activity 9: Analysis and Operational Risk

  • Description: Address operational risk through guidelines and technical standards on risk management and supervision.
  • Expected Results: Enhance operational risk management effectiveness.
  • Main Outputs: ITS and RTS on credit institution authorisation, guidance on expected credit losses.
  • FTE: 8.5

• Activity 10: Structural Reforms, Shadow Banking, and Large Exposures

  • Description: Support structural reforms and analysis of shadow banking and large exposures.
  • Expected Results: Develop technical standards and guidelines for large exposures and shadow banking.
  • Main Outputs: RTS and Guidelines on core credit institutions, large exposures for connected clients.
  • FTE: 3

• Activity 11: Accounting, Audit, and Scope of Consolidation

  • Description: Facilitate dialogue between supervisors and auditors, and provide technical advice on accounting standards.
  • Expected Results: Develop technical standards and guidelines on accounting and audit.
  • Main Outputs: Analysis of IFRS 9, guidance on expected credit losses, and communication guidelines.
  • FTE: 2

• Activity 12: Q&As and Other Activities

  • Description: Maintain and develop the Single Rulebook Q&As tool and update technical standards.
  • Expected Results: Support the implementation of prudential regulations.
  • Main Outputs: Q&A tool updates, supervisory disclosure technical standard updates.
  • FTE: 5.5

B. Resolution Policy and Plans

The EBA is responsible for promoting the development and coordination of resolution policies and plans, and for creating common approaches for the resolution of failing institutions and market infrastructures. Key activities include:

• Activity 13: Resolution Planning

  • Description: Assist resolution authorities in the practical application of BRRD, foster dialogue between home and host authorities, and benchmark resolution plans.
  • Expected Results: Support resolution planning and execution through benchmarking and mediation.
  • Main Outputs: Training for CAs, identification of resolvability impediments, mediation procedures.
  • FTE: 5

• Activity 14: Resolution Colleges

  • Description: Ensure the correct functioning of resolution colleges.
  • Expected Results: Support the effective operation of resolution colleges.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 15: BRRD, DGSD, and Non-Bank Resolution Initiatives

  • Description: Work on the implementation of BRRD and DGSD, and develop resolution frameworks for non-bank institutions.
  • Expected Results: Support the resolution of failing financial institutions and market infrastructures.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

C. Supervisory Convergence

The EBA aims to promote the convergence of supervisory practices to a high standard across EU Member States, ensuring equal implementation of regulatory rules. Key activities include:

• Activity 16: Recovery Planning and Early Intervention

  • Description: Focus on recovery planning and early intervention in financial institutions.
  • Expected Results: Ensure consistent and effective recovery planning.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 17: Supervisory Convergence

  • Description: Work on aligning supervisory practices and providing training to Competent Authorities.
  • Expected Results: Achieve supervisory convergence across Member States.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 18: Functioning of Supervisory Colleges

  • Description: Ensure the proper functioning of supervisory colleges.
  • Expected Results: Support the coordination and cooperation of supervisory colleges.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 19: Third Countries' Equivalence Assessments

  • Description: Address the equivalence of regulatory standards from third countries.
  • Expected Results: Ensure consistency in the application of EU regulations by third countries.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

D. Microprudential Risk Analysis

The EBA is tasked with identifying and analysing trends, risks, and vulnerabilities at the microprudential level across borders and sectors. Key activities include:

• Activity 20: Identifying and Addressing Risks and Vulnerabilities

  • Description: Monitor and address risks and vulnerabilities in the banking sector.
  • Expected Results: Identify and mitigate risks across the EU.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 21: Consistency of RWAs

  • Description: Ensure consistency in the calculation of risk-weighted assets (RWAs) across institutions.
  • Expected Results: Promote uniformity in RWA calculations.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

E. Supervisory Reporting and EU Data Hub

The EBA is responsible for maintaining and developing the common supervisory reporting framework and strengthening its role as an EU data hub. Key activities include:

• Activity 22: Risk Infrastructure and Tools

  • Description: Develop and maintain risk infrastructure and tools.
  • Expected Results: Enhance the quality and consistency of supervisory reporting.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 23: Transparency

  • Description: Focus on transparency in supervisory reporting.
  • Expected Results: Improve transparency in the banking sector.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

F. Consumer Protection and Financial Innovation Monitoring

The EBA is tasked with protecting consumers and monitoring financial innovation. Key activities include:

• Activity 24: Protecting Consumers

  • Description: Ensure consumer protection through regulatory frameworks and guidelines.
  • Expected Results: Enhance consumer protection mechanisms.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 25: Monitoring Innovation

  • Description: Monitor financial innovation and its implications for the banking sector.
  • Expected Results: Identify and address risks from financial innovation.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

G. Payment Services

The EBA aims to ensure secure, easy, and efficient payment services across the EU. Key activities include:

• Activity 26: Payments
  • Description: Focus on payment services and related regulations.
  • Expected Results: Enhance the efficiency and security of payment services.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

H. Corporate Governance and Efficiency

The EBA is committed to being a competent, responsible, and professional organisation with effective corporate governance and efficient processes. Key activities include:

• Activity 27: Policy Analysis and Coordination Processes

  • Description: Focus on policy analysis and coordination.
  • Expected Results: Ensure effective policy coordination.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 28: Accounting, Finance, and Procurement

  • Description: Focus on internal accounting, finance, and procurement processes.
  • Expected Results: Improve internal efficiency and financial management.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 29: HR Processes

  • Description: Focus on human resources management.
  • Expected Results: Ensure effective HR practices.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 30: Communication Processes

  • Description: Enhance communication with stakeholders and Competent Authorities.
  • Expected Results: Improve transparency and stakeholder engagement.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 31: Legal Processes

  • Description: Focus on legal compliance and procedures.
  • Expected Results: Ensure legal adherence and efficiency.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 32: IT Processes

  • Description: Focus on information technology infrastructure and processes.
  • Expected Results: Ensure efficient IT operations.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 33: Internal Control Standards (ICS)

  • Description: Develop and maintain internal control standards.
  • Expected Results: Enhance internal control practices.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

• Activity 34: Corporate Service Processes

  • Description: Focus on corporate service delivery and support.
  • Expected Results: Ensure effective corporate service processes.
  • Main Outputs: Not fully detailed in the summary.
  • FTE: N/A

Key Information

• The EBA's work programme is aligned with EU banking regulations and the Single Rulebook development.
• Activities are grouped under eight strategic areas, each with specific objectives and deliverables.
• The programme includes both ongoing and new initiatives, with some activities postponed or delayed to 2017.
• The EBA is actively involved in monitoring and providing guidance on capital, liquidity, credit risk, market risk, and securitisation.
• The EBA also plays a role in resolution planning, consumer protection, payment services, and corporate governance.
• The programme includes detailed resource allocations (FTE) for each activity to ensure appropriate prioritisation and execution.