EBA - 2024 Report of its key achievements and activities
The European Banking Authority published the first part of its 2024 Annual Report presenting the main achievements and activities of the organisation in fulfilling its mandates under its Work Programme over the past year.
The EBA focused on enhancing the Single Rulebook by issuing guidelines and technical standards on key banking topics, such as credit, market and operational risk. The EBA also contributed to the European Green Deal by advancing sustainable finance integration, issuing guidelines and reports on ESG risks, greenwashing, and scenario analysis, reflecting its commitment to embedding environmental and social considerations into prudential frameworks.
In 2024, the EBA focused on monitoring financial stability amidst high interest rates, slow growth, and geopolitical uncertainty, with a particular emphasis on the impact on the banking sector. These assessments are included in two issues of its Risk Assessment Report, one published in spring and the other one autumn. The latter was accompanied by the publication of the results of the EU-wide transparency exercise
