The European Banking Authority (EBA) launched today a public consultation on possible future changes to the EU-wide stress test. This discussion paper aims to present the EBA’s vision of the future of the EU-wide stress test and to collect comments and feedback from the different users. “The framework we are proposing today aims at making the EU-wide stress test more informative, flexible, and cost-effective, said the EBA Chairperson, Jose Manuel Campa, in launching the consultation. Campa added, “It is the first time we embark on a comprehensive discussion on the future of EU stress testing and we are keen to receive feedback from a wide range of stakeholders”. The consultation runs until 30 April 2020.
The European Securities and Markets Authority (ESMA) is being consulted on procedural rules to impose penalties on supervised entities from 13 December 2019 to 18 January 2020.
The Single Resolution Board’s public consultation on its ‘Expectations for Banks’ document closes at 12.00 on 4 December. Don’t delay having your say on this document, which outlines best practice on key aspects of resolvability.