The European Banking Authority (EBA) has published its annual work programme for 2017.  The work programme is defined by seven high level strategic areas, with the EBA to:

  • play a central role in the regulation and policy framework with the development and maintenance of the Single Rulebook;
  • promote efficient and coordinated crisis management of credit institutions, investment firms and financial market infrastructures in the EU;
  • promote the convergence of supervisory methodologies and practices to a high standard so as to ensure that regulatory and supervisory rules for going concern and crisis situations are implemented consistently across the EU;
  • identify and analyse trends, potential risks and vulnerabilities stemming from the micro-prudential level across borders and sectors;
  • maintain and develop the common supervisory reporting framework, as well as to strengthen its role as the EU data hub for the collection, use and dissemination of data on EU banks;
  • protect consumers, monitor financial innovation and contribute to efficient, secure and easy retail payments in the EU; and
  • be a competent, responsible and professional organisation, with effective corporate governance and efficient processes.

In relation to the first strategic area concerning the development and maintenance of the Single Rulebook, the EBA envisages that its main outputs for 2017 will include work on:

  • capital requirements that are intended to ensure that the quality of all tiers of capital is maintained to the highest degree and that no deterioration of the quality of capital takes place. Such work will include own funds monitoring and the interaction of capital rules with the resolution framework;
  • internal governance, remuneration and anti-money laundering. Such work will include the EBA publishing guidelines on internal governance and the suitability of members of the management body and key function holders;
  • liquidity risk. The EBA’s deliverables in this area will mainly cover guidelines, reports and technical standards on reporting;
  • leverage ratio. The EBA’s main outputs will include a follow up to the leverage ratio calibration report and possible amendments to the Implementing Technical Standards on the disclosure of the leverage ratio;
  • credit risk and credit risk modelling. The EBA’s work will focus on the development and monitoring of technical standards, guidelines and reports regarding the calculation of capital requirements under the standardised approach and the internal ratings based approach for credit risk and dilution risk with respect to all the business activities of an institutions, excluding the trading book business, under the CRD IV and Capital Requirements Regulation (CRR); and
  • market infrastructure. The EBA will perform an analysis on certain aspects of the European Market Infrastructure Regulation and the CRD IV / CRR, including with regard to central counterparties.

View EBA publishes work programme for 2017, 13 October 2016

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