EBA 2018 Work Programme

The work programme package describes and summarises the main objectives, priorities and deliverables of the EBA in the forthcoming years. It is based on the tasks specified in the Regulation and in the relevant EU banking sector legislation.

Highlights of the EBA's tasks in 2018

The EBA's work for 2018 is defined under seven strategic areas and 38 activities. The programme includes a description of the Authority's objectives for 2018, expected results and main outputs.

Strategic areas for 2018:

  • play a central role in the regulation and policy framework, with the development and maintenance of the Single Rulebook     
  • strengthen its role as the EU data hub for the collection, dissemination and analysis of data on EU banks   
  • promote efficient and coordinated crisis management of credit institutions, investment firms and financial market infrastructures in the EU               
  • promote the convergence of supervisory practices to a high standard so as to ensure that regulatory and supervisory rules for going-concern and crisis situations are implemented consistently across the EU
  • identify and analyse trends, potential risks and vulnerabilities, and support efforts to resolve non-performing loans
  • protect consumers, monitor financial innovation and contribute to efficient, secure and easy retail payments in the EU  
  • be a responsible, competent and professional organisation, with effective corporate governance and efficient processes       

Priorities for 2018 :

  • contribute to the CRR/CRD and BRRD developments, and reviewing the consequences of the BCBS's revision of the trading book;
  • implement the data infrastructure and data analysis project to enhance the EBA's role as a data hub for banks in the EU through the expansion of its data infrastructure and analytical capabilities, so as to collect, process and disseminate high-quality data for a wide range of stakeholders, as well as to improve banks' own disclosures;
  • monitor and evaluating the impact of the UK leaving the EU to protect the public interest by contributing to the short-, medium- and long-term stability and effectiveness of the financial system, for the Union's economy, its citizens and its businesses;
  • evaluate and contributing with regard to the Fintech regulatory perimeter, prudential and operational risks and opportunities, impacts on the business models of credit institutions, consumer protection, retail conduct of business issues, and changes in other areas such as resolution of financial firms and AML/CFT;
  • foster proportionality in relation to policy developments while monitoring the consistent application of the Single Rulebook and its impact on institutions; and
  • contribute to the European Council's action plan to tackle NPLs in Europe.