EBA’s 2013 annual programme includes the following objectives and deliverables:

  • development of the European single rule book, related in particular to the new Directive and Regulation on Capital Requirements (CRD4 and CRR) and the coordinated use of crisis prevention and resolution arrangements;
  • oversight of key risks in the EU banking sector, including the consistent application of risk weights when calculating capital requirements, the sustainability of business models and the convergence of practices and cooperation when supervising cross-border groups. EBA also plans new EU-wide stress tests for 2013, and the implementation of the common reporting framework; and
  • enhancing consumer protection through guidelines on responsible mortgage lending and arrears handling, and regulatory technical standards on professional indemnity insurance.

(Source: Work Programme 2013)