Simplification & Efficiency clusters

ECB High-Level Task Force recommendations

HLTF #1 - Reduce RW & LR framework

HLTF #2 - Adjust the design or role of AT1 and Tier 2

HLTF #4 - Automatic reciprocation of macroprudential measures

HLTF #5 - Align MREL and TLAC frameworks

HLTF #8 - Governance on the level of capital demand

EBA/ECB Operationalization

Horizon

EBA TFE recommendations / ECB streamlining

Impact

H2 26

EBA TFE #2.3 - ESG

H2 27

EBA TFE #2.1 - Credit risk

H1 28

EBA TFE #2.2 – Governance & Remuneration