Table of Contents Table of Contents
Previous Page  17 / 24 Next Page
Information
Show Menu
Previous Page 17 / 24 Next Page
Page Background

E X E C U T I V E S U M M A R Y O F T H E A N N U A L R E P O R T 2 0 1 6

15

Figure 5:

Questions submitted by topic

Own funds

9%

Credit risk

10%

Other topics

9%

Liquidity risk

9%

Market risk

5%

Large exposures

2%

BRRD

7%

DGSD

0%

Supervisory reporting

49%

Providing legal support

to EBA regulatory products

Throughout 2016, the Legal Unit provided le-

gal support to the governing bodies, to the

management and to the core policy and op-

erational functions of the EBA. As regards the

EBA’s regulatory activities, the Legal Unit has

ensured legal analysis and support in drafting

binding technical standards, guidelines, rec-

ommendations and opinions, and legal analy-

sis of proposed technical standards, guide-

lines and recommendations. Legal advice has

also been supplied for oversight activities in

producing supervisory recommendations and

in dispute resolution as well.

Under the European Economic Area (EEA), the

EU and three EFTA member states (Liechten-

stein, Norway, Iceland) have agreed, in 2016, to

extend the EU’s internal market rules also to

these EFTA countries.

Delivering digital services

to support the EBA’s core functions

and its internal administration

In 2016, the IT focus was on maintaining and

supporting production systems for data col-

lection and infrastructure and implementing

a number of projects in line with the IT work

programme. To enhance and support the im-

plementation of the Single Rulebook with ef-

fective solutions, the EBA implemented two

releases of the European Supervisory Plat-

form (ESP) to extend the regulatory frame-

work in financial and common reporting to

Data Point Model (DPM) version 2.4.1. A spe-

cial application, called Master Data Manage-

ment (MDM), was deployed and is now being

used to centrally manage the reference data.

Additionally, a new project was initiated to al-

low several data providers to notify general or

specific information to the EBA on an ad hoc

or regular basis.

Regarding business solutions, further im-

provements were implemented to optimise

the administrative efficiency of the EBA. The

electronic document management system has

been implemented to allow internal EBA us-

ers to share, store and retrieve documents in

a more consistent, secure and efficient way.

In the infrastructure domain, further improve-

ments have been implemented. An internal ser-

vice desk, integrated with the already existing

ticketing system, has been implemented to deal

with all internal issues in an automated way.

Communicating and

promoting the EBA’s work

The EBA’s Fifth Anniversary Conference, held

in early February, considerably raised the

agency’s visibility. With a web live stream and

active promotion through social media, the

feedback received from attendees and speak-

ers was very positive.