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Banking supervision priorities could be more consistent across the bloc, EU banking authority finds

( July 8, 2024, 11:03 GMT | Official Statement) -- MLex Summary: The majority of EU competent authorities adequately included the key topics identified for supervisory attention in 2023 — namely macroeconomic and geopolitical risks, operational and financial resilience, transition risks and money laundering risks — in their supervisory priorities for 2023, the European Banking Authority has said in a report published today. However, the banking supervisor found that disparity remains in the implementation of risk areas, such as environmental, social and governance, and that further consistency is needed across the EU in the identification and treatment of risks under Pillar 2 requirements.Statement follow. The report is attached....

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