European Banking Authority (EBA)

At a recent ABI - Associazione Bancaria Italiana conference, Djamel B., Senior Policy Expert, presented the #EBA’s upcoming update to its 2019 Guidelines on outsourcing.   The revised framework aims to strengthen third-party risk management for non-ICT related services, ensuring a coherent and harmonised approach across the banking sector.   🖥️ This complements the oversight of ICT services under DORA, bridging the gap between digital and non-digital outsourcing risks.   💡 This initiative reflects the EBA’s commitment to operational resilience and regulatory clarity in a rapidly evolving financial ecosystem.  

🧾 The EBA has published its fifth and final Report on the Functioning of Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Colleges. ✅ The report confirms that these colleges are effective tools for information exchange, enhancing supervisory effectiveness across the EU. ⚠️ However, it also highlights areas for improvement - particularly in: - Applying a risk-based approach to college meetings - Fostering systematic coordination on shared AML/CFT issues 🔄 As the responsibility for monitoring colleges transitions to AMLA in January 2026, these findings will be key in shaping the next phase of EU-wide anti-money laundering supervision. 📄 Read the full report: https://lnkd.in/ePWd7ACv

Recently, the EBA and SUERF - The European Money & Finance Forum hosted the “Simplifying Europe for the Financial Sector” conference at the EBA. The event brought together leading voices from the financial community to discuss the future of EU regulation. 🔴 EBA Chairperson, José Manuel Campa, opened the conference with insights from the EBA Task Force on improving regulatory efficiency while safeguarding financial stability. 🔴Keynote speaker Professor Marco Lamandini proposed a European Banking Act to harmonise prudential rules, stressing that simplification should strengthen - not lower - standards. The two panels that followed then explored: ✅ The Macroeconomic Lens and the economic impact of simplification and how to measure its benefits. ✅ Institutional, International, and Political Perspectives, comparing EU structures with other jurisdictions and discussed the role of technology in modernising supervision. The conference sparked valuable dialogue on enhancing efficiency and effectiveness in financial oversight. Watch the recording now ➡️ https://lnkd.in/e6j-D6Ni

📢 EBA & ESMA Publish Joint Advice on Investment Firms Framework In response to the European Commission’s Call for Advice, the EBA and ESMA have issued their technical recommendations on the Investment Firms Regulation (IFR) and Directive (IFD). ✅ The framework is largely fit-for-purpose, but targeted enhancements are proposed to: ➡️ Strengthen proportionality and effectiveness ➡️Support a level playing field across investment firms and similar financial institutions ➡️The report also explores alignment with banking rules, improvements to definitions and thresholds, and interactions with MiCA, UCITS, and AIFMD. This is key step toward a more consistent and resilient prudential framework. More here: https://lnkd.in/etvXcHw7

🔵 At the Single Resolution Board10-Year Anniversary Conference, #EBA's Executive Director, François-Louis Michaud shared key insights on how innovation is reshaping banking risks. From #digitalisation and #AI to #crypto and #BigTech partnerships, the banking sector is undergoing a major transformation. While innovation 💡 brings efficiency and new services, it also introduces new vulnerabilities- cybersecurity, outsourcing, and complex business models among them 🛡️ François-Louis highlighted the EBA’s role in monitoring these changes and ensuring regulation keeps pace. His message was clear 👇🏽 Banks are embracing innovation, and are well-positioned to navigate the future.

📢 The #EBA has just published its 2024 Report on supervisory convergence across the EU. This annual Report highlights how the EBA is striving to align supervisory practices among national authorities. We have been working to helping ensure consistent, effective, and robust supervision in areas such as: 🏦 Prudential supervision 💶 Resolution and crisis management 💻 Digital finance 🧾 Consumer protection 🕵️♂️ Anti-money laundering & countering the financing of terrorism 💡 The Report also marks the first step in implementing recommendations from the EBA’s recent work on improving the efficiency of the EU’s regulatory and supervisory framework. 📘 Read the full Report and key takeaways here: https://lnkd.in/e2DZPURY

🚀 New Report incoming.... The EBA has just published its Report on white labelling in banking 🏦 White labelling? In other words, a business model in which a financial institution works with another company (partner) - sometimes not even a financial firm - to offer products and services under the partner’s brand. The EBA found that over a third of banks surveyed in 2025 use this model and has identified a need for ongoing supervisory convergence actions that will be taken forward in 2026. 💡 Driven by digitalisation and platformisation, this model is gaining ground: according to the EBA’s 2025 Spring Risk Assessment Questionnaire, 35% of banks are already using white labelling. The Report looks at: 🔹 How white labelling works and where it’s being used 🔹 The opportunities it offers for innovation and access 🔹 The risks it poses; such as confusion for consumers about who’s responsible for the product, and challenges for supervisors when oversight is indirect 📅 Looking ahead, the EBA will take action in 2026 to: ✅ Promote a common supervisory approach across the EU ✅ Improve disclosures to consumers, helping them understand who they are dealing with and how to make complaints 📘 Read more about the findings and next steps here: https://lnkd.in/e8fe_M9M What the CliffsNotes of the report? Check out our factsheet below 👇🏽

This week, #EBA senior policy expert Andreas Papaetis attended the AFME (Association for Financial Markets in Europe) #OPTIC2025 conference where he participated in a panel discussion on third-party risk management (#TPRM). He highlighted the need for the #EU financial entities to implement a holistic framework to manage third-party risks amid their expanding and diversifying interactions with service providers.

🚨The week is coming to an end but we have news of not one, but two EBA Opinions! This time on the European Commission’s proposed amendments to the draft technical standards under the #MiCA framework - specifically those on the reserve of assets for asset-referenced and e-money tokens. While welcoming clarifications, the EBA warns that some of the proposed changes could weaken the prudential safeguards built into MiCA. This could potentially increase liquidity risks and open the door to regulatory arbitrage ⚖️ The Opinions highlight key concerns, including proposals that could: 💥 Allow investments in non–highly liquid financial instruments (e.g., commodities or crypto-assets) 💥 Classify all money market funds as highly liquid 💥 Loosen key concentration limits 🔍 Want to know more? Read all about it on our webpage: https://lnkd.in/eZkdwUcT

🔍 Strengthening AML/CFT Supervision Across the EU   We have not 1️⃣ , but 2️⃣ new reports for you today!   Both shed light on how supervisors are tackling money laundering and terrorist financing (ML/TF) risks - in traditional banking and the fast-evolving crypto-asset sector 💸   📌 Crypto-Asset Supervision: Lessons from Recent Cases The first report focuses on ML/TF risks in crypto-asset services, drawing on recent supervisory cases across the EU. It highlights how some crypto firms have attempted to sidestep national AML/CFT supervision and offers guidance to help competent authorities strengthen oversight under the new MiCA framework.   More here ➡️ https://lnkd.in/g2fZfr62   📌 Banking Sector: Progress in AML/CFT Supervision   The second report reviews six years of supervisory reform across all 40 EU/EEA competent authorities. It finds that most have made significant progress in adopting risk-based approaches, improving coordination, and aligning with EBA standards - laying the groundwork for the future EU Anti-Money Laundering Authority (AMLA).   More here ➡️ https://lnkd.in/g6bjS6QF   Together, these reports offer valuable insights 💡 into how supervisors can adapt and collaborate to protect the financial system from abuse.