Welcome to the website of PwC's SSM & EBA Office.
PwC’s SSM & EBA Office serves as a central hub in the PwC EU network for banking supervision under the EU’s Single Supervisory Mechanism (SSM) and the European Banking Authority (EBA). Navigating the complexities of banking regulations can be daunting, which is where our expertise comes into play.
Our team brings vast experience in the European banking sector and offers advice, support and solutions across a wide variety of banking supervision topics.
We integrate expertise from diverse disciplines into distinct workstreams, each focused on specific areas of banking supervision. Comprising senior advisors from each euro area country, our pan-European team leverages the resources of the PwC network to offer comprehensive solutions that are relevant both locally and at an EU level.
To learn more about how we can support you, explore this website and gain insights into each of our workstreams and access publications and videos on pressing supervisory topics.
We combine expertise from various disciplines into focused workstreams, each aimed at specific areas of banking supervision. Please explore the subpages below to learn how our workstreams can be of assistance to you.
Please explore our latest videos on banking risk and regulation.
In this episode, Martin Neisen (Partner, Head of EBA/SSM Office), Benoit Sureau (Partner, Co-Head EBA/SSM Office) and Ciaran Cunningham (Workstrea, Lead Capital Management) give a comprehensive overview about the EBA stress test methodology 2025. They analyse the biggest changes to previous EBA stress test exercises...
In this video, Martin Neisen and Stefan Röth take a deep dive into the new requirements for RWA calculation. They explain why the calculation of the stressed RWA according to the CRR3 rules will be a major challenge for the banks within the EBA stress test exercise, especially regarding the reporting dates for the EBA...
This episode is dedicated to stress testing aspects in credit risk. Martin Neisen and Petr Geraskin explain, why the credit risk component plays an important role part in the EBA stress test 2025 methodology. They take a closer look at special aspects, which banks must consider for credit risk within the stress test...
In this video, we give an overview about the the development, new approaches and methods for calculating market risk and net interest income NII) in the 2025 EBA stress test. What are the most important changes in the stress test methodology regarding market risk and NII ? Which factors and parameters have the biggest...
In this episode on the EBA Stress Test 2025, we look at the challenges associated with data collection, tooling and project management. In addition to major technical challenges, the EBA Stress Test always involves challenges in the areas of data, IT, tooling and project management. Together with Michael Britze,...
We take a closer look into the topics of Asset Liability Management (ALM), Interest Rate Risk in the Banking Book (IRRBB) and liquidity risk. We outline the main reasons why these topics take priority on ECB's agenda for 2024 and beyond and give an overview about the set of techniques and practises financial...
Our experts take a closer look at the requirements for third-party risk management within the Digital Operational Resilience Act (DORA). What is third-party risk management within DORA? What are the requirements the bank have to fulfil in order to comply with DORA? What is the implementation timeline for third-party...
We take a deep dive into the topic of operational resilience and the new framework for the management of ICT and Cyber Risks set by DORA. What is operational resilience? Why is DORA so important for all banks? How can financial institutions prepare for being resilient from an IT-perspective? What are the biggest...
After the overview about the SREP results 2023 and the SSM supervisory priorities 2024 - 2026, we take a deep dive into ESG Risk Management. How are the banks progressing with ECB’s supervisory expectations? What are the main challenges for the banks? How to integrate materiality assessment outcomes into...
The European Central Bank published the results of the annual supervisory review and evaluation process (SREP) 2023. The SREP reflects ECB's general assessment of the supervised banks’ risk profile and the overall viability and sustainability of their business. The results reveal deficiencies identified by the ECB and...
Please explore our news update section for the latest in banking supervision.
After extensive negotiations and final approval by both the Parliament and the Council of the European Union, the CRR3 and CRD6 proposals have been published in the Official Journal on June 19th, 2024, and will enter into force 20 days later.
The EU is harmonizing the rules for third country institutions operating within its jurisdiction.
As in previous years, the EBA’s stress test will be used to assess the resilience of the European banking sector by subjecting large institutions in the EEA to a severe macroeconomic scenario.
Under the Capital Requirements Regulation (CRR 3) the European Banking Authority (EBA) has initiated a public consultation on its draft Regulatory Technical Standards (RTS) related to off-balance sheet items under the standardised approach for credit risk (SA-CR).
The European Banking Authority (EBA) has published its guidelines on the resubmission of historical data under the EBA reporting framework.
The EBA data point model specifies the attributes, definitions, and validation rules for each data point, allowing for standardised reporting across banks.
The CRR 3 introduces new requirements for ESG (Environmental, Social and Governance) especially in Pillar 1 and Pillar 3 for all institutions. The following graph from our Whitepaper provides an overview of the current and new requirements.
The Supervisory Review and Evaluation Process (SREP) is an annual process through which the European Central Bank (ECB) evaluates the a) risks to which banks may be exposed, and b) mechanisms and strategies employed by the banks in managing those risks.
On 19 February 2024 the ECB published its revised guide to internal models. Credit Risk Modelling workstream leads Luís Filipe Barbosa and Kaan Aksel discuss the key changes and their implications for banks across the euro area
Jannis Mueller provides a news update on the EBA's recent consultation regarding the Regulatory Technical Standards for the Standardised Approach for Counterparty Credit Risk and the Fundamental Review of the Trading Book.
The future establishment of the Anti-Money Laundering Authority (AMLA) is a pivotal development in the fight against financial crime. Compliance & AML workstream lead Sebastien D'Aligny, along with Alison Marky, provides a special feature on what this means for the banking sector.
The recent banking disturbances have cast a spotlight on liquidity and interest rate risks. Trading & Market Risk workstream lead Pablo Suárez Manjon outlines the EBA’s Heatmap on Interest Rate Risk in the Banking Book (IRRBB), offering insights into how these risks are being navigated.
The implementation of CRR III will represent the most significant shift in the calculation of risk-weighted assets since the Basel II framework was introduced in 2004. For more details on these changes and how they impact banks, please visit our CRR III webpage.
For a comprehensive overview, you can revisit all our regulatory update videos here. This collection offers valuable insights into recent developments.
