EBA has published a revised version of its work programme for 2016 to take account of the decrease in the EBA’s 2016 budget. EBA will now postpone its work on credit risk mitigation, guidelines on intraday liquidity risk, RTS on consolidated methods and RTS on central contact points under the revised Payment Services Directive (PSD2) to 2017. EBA also announced a delay to the integration of some key pieces of legislation and related technical standards into the Q&As tool, and will reduce the frequency of its remuneration benchmarking and high earners data reports. EBA has revised down its level of engagement in relation to resolution planning and colleges and work on the benchmarking of Pillar 2 approaches. (Source: EBA revises down 2016 work programme)