European Banking Authority: 2020 Annual Report published
The European Banking Authority (EBA) has published its 2020 Annual Report, detailing the work carried out in the past year and laying down the strategic priorities area for 2021.
The 2020 Report, covering the tenth year of operation of the EBA, gives a detailed account of the execution of its 2020 Work Programme, which focused on new and upcoming areas such as anti-money laundering (AML) and countering the financing of terrorism (CFT), sustainable finance and digital innovation. It also presents a summary of the ad-hoc activities the Authority undertook to mitigate the impact of COVID-19 on the EU banking sector.
The Report further outlines the key areas of focus for 2021, which include the review of the stress-testing fram