Monthly Archives: April 2016

//April

EBA appoints 23 new members of its Stakeholder Group

Following an open selection process, the Board of Supervisors of the European Banking Authority (EBA) appointed 23 new members to its Banking Stakeholder Group (BSG), as the mandate for the majority of them expired on 14 April 2016. In accordance with the EBA Founding Regulation, the BSG is composed of 30 members; of them, [...]

By | April 15th, 2016|News|0 Comments

EBA publishes Opinion on the application of customer due diligence measures to customers who are asylum seekers from higher-risk third countries or territories

The European Banking Authority (EBA) published today its Opinion setting out measures credit and financial institutions can take to comply with EU Anti- Money Laundering and Counter-Terrorist Financing (AML/CFT) requirements when providing asylum seekers from higher-risk jurisdictions with access to basic financial products and services. In this Opinion, the EBA highlights that efforts to [...]

By | April 12th, 2016|News|0 Comments

ESAs identify vulnerabilities affecting the EU financial system and suggest actions to address the main risks

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA, ESMA – ESAs) published today its Spring 2016 Report on Risks and Vulnerabilities in the EU Financial System. The Joint Committee highlights three main risks affecting the European financial system and suggests a set of policy actions to tackle those risks: Low profitability of [...]

By | April 7th, 2016|News|0 Comments

EBA updated Risk Dashboard shows EU banks have further increased their capital ratios in Q4 2015

The European Banking Authority (EBA) published today the periodical update of its Risk Dashboard summarising the main risks and vulnerabilities in the banking sector on the basis of the evolution of a set of Risk Indicators (RI) across the EU in Q4 2015. The update shows a further increase in EU banks’ capital ratios. [...]

By | April 6th, 2016|News|0 Comments