The EBA Responds to the European Commission’s Consultation on EU Banking Sector Competitiveness
The European Banking Authority (EBA) has submitted its response to the European Commission’s consultation on boosting EU banking competitiveness, stressing the need to complete the Single Market for financial services. Drawing on its October 2025 efficiency report, the EBA put forward 21 rule‑book simplification recommendations while reaffirming commitment to Basel III standards. It highlighted the sector’s post‑crisis resilience but warned of geopolitical tensions, exposure to non‑bank financial institutions and rapid digital transformation. The response also outlines ongoing work to cut reporting costs by 25% and halve data points by 2026, reinforcing cooperation with the Commission.
The EBA Launches the Recruitment of Its Executive Director
The European Banking Authority (EBA) announced an open selection process to hire a new Executive Director, completing the leadership team after François‑Louis Michaud became chair on 16 April 2026. The Executive Director will manage the Authority’s operations, shape its work programme...
The EBA Seeks Feedback on 4.3 Draft Technical Package of Its Reporting Framework
The European Banking Authority (EBA) has released a draft technical package for version 4.3 of its reporting framework, covering anti‑money‑laundering (AML) and third‑country‑branch (TCB) reporting. The package includes new validation rules, a Data Point Model, XBRL taxonomies and introduces reporting requirements...
The Joint Bank Reporting Committee Launches Call to Join the Reporting Contact Group
The Joint Bank Reporting Committee (JBRC), a joint initiative of the European Banking Authority and the European Central Bank, has opened a public call for expressions of interest to join its Reporting Contact Group (RCG). The invitation is extended to...
The EBA Publishes Report on Banks’ Dry Run Testing of Their Recovery Plans
The European Banking Authority released a report evaluating how banks conduct dry‑run tests of their recovery plans. The analysis confirms that well‑executed dry runs boost operational readiness and enable faster, credible responses to stress events. While most banks recognize their...
The EBA Publishes Decision Harmonising Reporting of SEPA Data by National Authorities
The European Banking Authority (EBA) issued a Decision that standardises how national competent authorities (NCAs) report SEPA‑related data to the European Commission. By routing all information through a single EBA channel, the measure removes duplicate reporting steps and lowers the...
The EBA Consults on Major Simplification of Supervisory Reporting to Deliver a Simpler, Smarter and More Proportionate Framework
The European Banking Authority (EBA) has unveiled a package of proposals that would cut roughly half of the data points required in EU supervisory reporting, even as new obligations for IFRS 18, ESG and the Fundamental Review of the Trading Book...
The EBA Consults on Revised Guidelines on Limits on Exposures to Shadow Banking Entities Under the Capital Requirements Regulation
The European Banking Authority (EBA) has opened a public consultation on revised Guidelines that set limits on exposures to shadow banking entities (SBEs) operating outside the regulated banking framework. The update aligns the Guidelines with the EU’s new large‑exposure reporting...
The EBA Publishes List of Known Data Point Model Issues to Enhance Transparency and Support Reporting Institutions
The European Banking Authority (EBA) will regularly publish a list of known issues affecting its data point model (DPM) framework, starting with Pillar 3 disclosures and resolution‑planning reports. Each entry will detail the problem, severity, affected artefacts, workarounds and an expected...
François-Louis Michaud to Take up His Role as Chair of the European Banking Authority
François‑Louis Michaud has been appointed Chair of the European Banking Authority, taking office on 16 April 2026 after a Council selection on 26 February and European Parliament confirmation on 10 March. He previously served as the EBA’s Executive Director since September 2020, bringing supervision experience...
The EBA Publishes Its Second MREL Impact Assessment Report
The European Banking Authority released its second impact assessment of the Minimum Requirement for Own Funds and Eligible Liabilities (MREL). The report finds that by the end of 2024 EU resolution entities hold MREL‑eligible instruments equal to 34.7% of total...
The European Banking Sector Enters Period of Geopolitical Uncertainty From a Position of Strength
The European Banking Authority’s Q4 2025 Risk Dashboard confirms that the EU‑EEA banking sector remains well‑capitalised and liquid despite heightened geopolitical risk from the Middle East conflict. Direct exposure to the region totals €132 bn, less than 0.5 % of banks’ assets, while...
The EBA Publishes Final Draft Amending Technical Standards Shortening the Timing for the Application for Prior Permission to Reduce Own...
The European Banking Authority released a final draft amending the Regulatory Technical Standards on own funds and eligible liabilities, cutting the processing time for reduction applications from four to three months. The change reflects the EBA’s confidence that authorities have...
The EBA Issues Revised List of ITS Validation Rules
The European Banking Authority (EBA) issued an updated list of ITS validation rules, highlighting deactivated, reactivated, and severity‑status changes. It reminded EU competent authorities not to validate data against deactivated rules. The EBA also launched a small validation‑rules package containing...
The EBA Consults on Regulatory Products on Initial Margin Model Authorisation
The European Banking Authority (EBA) has launched two public consultations on draft Guidelines and draft Regulatory Technical Standards (RTS) for authorising internal initial margin models under EMIR 3. The proposals target firms whose aggregate monthly notional amount of non‑centrally cleared OTC...