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DEVLHON Consulting deciphers: The priorities of the European Banking Authority’s (EBA) 2025 work program
The European Banking Authority (EBA) recently released its 2025 work program, part of a long-term strategy covering the period 2025-2027. This program reflects the EBA’s ambitions to adapt European Union (EU) banking regulations while ensuring financial stability in an evolving economic environment. Here are the key priorities of the EBA for the coming years, deciphered by DEVLHON Consulting.
Strengthening the EU regulatory framework
One of the EBA’s main priorities for 2025 will be implementing the “EU banking package,” which includes Basel III reforms aimed at enhancing the resilience of banks in the face of crises. This framework introduces more risk-sensitive approaches to determining capital requirements, especially for credit, market, and operational risks. The EBA will develop regulatory standards to finalize this framework and ensure consistent application across the EU.
Promoting sustainable financial stability
Sustainability is becoming a central issue for the banking sector. In a context of geopolitical risks and economic tensions, the EBA is focusing on forward-looking risk assessments, notably through stress tests. In 2025, the authority will launch a data portal to improve risk analysis infrastructure. This will also include initiatives to better monitor risks related to environmental, social, and governance (ESG) factors.
Launching supervisory activities for DORA and MiCAR
The Digital Operational Resilience Act (DORA) and the Markets in Crypto-Assets Regulation (MiCAR) will come into effect in 2025. The EBA will begin overseeing critical IT service providers and supervising crypto-asset issuers, in collaboration with other European authorities. The introduction of these new responsibilities highlights the growing importance of digital technologies and decentralized finance in the European financial landscape.
Transitioning to a new anti-money laundering framework
In 2025, the EBA will support the transition to the new EU Anti-Money Laundering Authority (AMLA). During this transition phase, the EBA will continue to carry out its mandate in this field while preparing to transfer its responsibilities to AMLA by the end of 2025. The focus will be on smooth regulation and integrating innovations in this domain.
Conclusion
The EBA is pursuing an ambitious roadmap for 2025, marked by the rapid evolution of banking regulations and the increasing prominence of digital and ESG-related risks. At DEVLHON Consulting, we closely monitor these developments to provide you with insightful analyses and strategic support in your compliance and financial innovation initiatives.
The EBA’s 2025 program clearly demonstrates that resilience, sustainability, and innovation will be at the heart of European financial regulation in the coming years.
Source : https://www.eba.europa.eu/sites/default/files/2024-09/a5bce431-7793-4b75-bd07-d5741c961fbe/EBA%20Work%20programme%202025.pdf
