October 2023

EBF RESPONSE

One-off Fit-for-55 climate risk scenario analysis EBF response to the EBA consultation

BRUSSELS, 16 October 2023 – Key messages:

• Clarity on the timing, rationale and the interaction with the ECB climate stress test


• Suggestion to pre-fill templates with information that is common for all banks


• Suggestion to omit data request that cannot be reasonably aggregated


• Request for Q&A tool throughout the process


• Request for clarity on various templates (see enclosed)

For more information:

Denisa Avermaete, Senior Policy Adviser - Sustainable Finance, d.avermaete@ebf.eu

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About the EBF:

The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.

Read the full EBF Response