The Work Programme describes the main objectives and deliverables of the EBA in the forthcoming year. Activities will focus on three core areas: regulation, oversight and consumer protection.
In the regulatory policy area, the EBA will continue to play a central role in the development of the Single Rulebook in banking, which will contribute to the achievement of a level playing field for financial institutions, as well as to raise the quality of financial regulation and the overall functioning of the EU Single Market. The EBA's regulatory work stems from the European Commission's legislation on capital requirements, the CRDIV/CRR package, and in 2014 will focus in particular on credit and market risk, the prudential areas of liquidity and leverage, as well as on recovery and resolution.
The EBA's oversight activities will focus on identifying, analysing and addressing key risks in the banking sector in the EU. The EBA will also continue to monitor capital levels, as well as capital plans with the aim of converging towards the new standards.
Finally, in the area of consumer protection, the EBA will work towards fulfilling its mandates as laid down under the Mortgage Credit Directive (MCD), the proposed Bank Account Package, the proposed review of the Payment Services Directive (PSD), and on initiatives such as the self-placement of financial instruments.
Work Programme 2014
Annex to Work Programme 2014
© EBA
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