The European Banking Authority (EBA) has published its annual work programme for 2016, describing the specific activities and tasks for the coming year, as well as a multi-annual work programme for 2016 – 2018, highlighting its key strategic areas of work.
Amongst other things, in its 2016 work programme, the EBA notes that it will:
- work on completing the liquidity and leverage framework, under the Capital Requirements Directive IV and the Capital Requirements Regulation (CRD IV/ CRR);
- provide input to the European Commission’s legislative initiatives, such as in the area of covered bonds and securitisation under the Capital Markets Union and structural reform;
- work on completing its mandates under the Bank Recovery and Resolution Directive (BRRD);
- provide answers to the its Q&A tool regarding the implementation of the CRD IV / CRR and BRRD frameworks;
- focus on its mandates under the revised Payments Services Directive, the Interchange Fees Regulation and the Payments Accounts Directive, including standardised terminology for payment account services and associated disclosure documents; and
- continue to work on supervisory consistency including its work on supervisory and resolution colleges, training supervisors and performing peer reviews.
In its multi-annual work programme for 2016 – 2018 the EBA notes that many of mandates concerning technical standards and guidelines are due to be completed by the end of 2016. Accordingly, the EBA intends shift its focus from developing these measures to further enhancing its role of building a common EU supervisory culture and consistent supervisory practices, as well as of ensuring uniform procedures and consistent approaches throughout the EU.
View EBA publishes work programme for 2016, 16 October 2015