- EBA published an Opinion in response to the European Parliament's 2024 discharge report.
- The report uses a new joint format covering all EU agencies; only nine observations directly mention the EBA.
- EBA concludes that none of the nine observations require specific follow-up actions.
- The opinion is issued pursuant to Article 64(11) of the EBA Founding Regulation (EU No 1093/2010).
EBA's formal response to the Parliament's observations
The European Banking Authority (EBA) has published an Opinion in response to the observations made by the European Parliament in its 2024 discharge report. The report uses a new format covering all EU agencies, including the EBA.
The EBA welcomes the overall positive feedback from the European Parliament. Only nine observations in the Parliament's report directly mention the EBA, and according to the authority, none of them warrant the adoption of specific follow-up actions.
Legal background
The opinion is issued pursuant to Article 64(11) of the EBA Founding Regulation (Regulation (EU) No 1093/2010 of the European Parliament and of the Council, which establishes the European Supervisory Authority (European Banking Authority)). This provision requires the EBA to provide a reasoned opinion on the observations made by the European Parliament during the discharge procedure.
Background on the discharge process
The discharge procedure is the annual oversight mechanism by which the European Parliament approves the closing of EU institutions' accounts and comments on budget implementation. The process gives the Parliament an external perspective on the agencies' activities and performance over the year.
Overall conclusion
| Parameter | Value |
|---|---|
| Observations in the Parliament's report | All EU agencies covered in a joint format |
| Observations directly mentioning EBA | 9 |
| Requiring specific follow-up actions | None |
| Legal basis | Article 64(11), EBA Founding Regulation |
The EBA's opinion thus confirms that the authority received a positive assessment from the Parliament with no outstanding requirements for specific corrective measures.