On 30 September 2024, the European Banking Authority (EBA) published its work programme for 2025.
The work programme discusses the EBA’s priorities, with a brief overview of the priorities for 2025-2027 followed by a more detailed presentation of priorities for 2025. It then sets out its work under 19 activities, grouped in
On 30 September 2024, the Single Resolution Board (SRB) issued a communication on the changes to its minimum requirements for own funds and eligible liabilities (MREL) requirements which are to be implemented in line with the Daisy Chains Act (Directive 2024/1174 amending Regulation 806/2014 (SRMR) and Directive 2014/59/EU (
On 9 September 2024, the European Commission (Commission) published a report by Mario Draghi (former European Central Bank (ECB) President) on the future of European competitiveness.
Banking Union
To increase the financing capacity of the banking sector, the report asserts that the EU should aim to revive securitisation and complete
On 9 September 2024, the European Banking Authority (EBA) announced that it was launching the 2024 EU-wide transparency exercise.
The EU-wide transparency exercise complements the EBA’s bi-annual stress test and uses supervisory reporting data to provide a clear picture of banks’ capital strength, risk exposures and asset quality. The EBA will carry out
On 4 September 2024, the European Central Bank (ECB) published a speech by a member of its executive board, Frank Elderson.
The speech is entitled The art of bending without breaking – banking on operational resilience.
In his speech Mr Elderson focuses on operational resilience and provides examples which underscore a fundamental
On 13 August 2024, the European Banking Authority (EBA) published its European Resolution Examination Programme (EREP) report.
The EREP priorities highlights the topics on which EU banks and resolution authorities need to pay special attention in the next calendar year.
2025 priorities
The EREP priorities for 2025 mainly confirm the areas
On 30 July 2024, the European Banking Authority (EBA) published a consultation paper setting out proposals to update the current implementing technical standards (ITS) on reporting for resolution planning and execution purposes that supplement the Bank Recovery and Resolution Directive.
The proposed changes are intended to foster further harmonisation and enhance
On 22 July 2024, the European Banking Authority (EBA) issued a report concerning its recent peer review on its guidelines on the application of the definition of default.
The EBA guidelines on the application of the definition of default harmonise the definition of default across the EU prudential framework and improve consistency in
On 19 July 2024, the European Banking Authority (EBA) issued a consultation paper on a handbook chapter on independent valuers for resolution.
The EBA has already issued regulatory technical standards (RTS) on independent valuers under Article 36(14) of the Bank Recovery and Resolution Directive. These RTS determine the circumstances under which
On 16 July 2024, the European Banking Authority (EBA) issued a report on the review of the application of gender-neutral remuneration policies.
The EBA issued guidelines on gender-neutral remuneration policies for institutions and investment firms on 31 December 2021 and 30 April 2022, respectively. Article 74(3) of the Capital Requirements Directive IV and