News & Press
The EU market on structured deposits is limited in size, concentrated in only a few Member States, and offers products with varying net returns, the EBA Report finds.
The European Banking Authority (EBA) today published a Report on structured deposits in the European Union (EU), under the Markets for Financial Instruments Regulation (MiFIR) to monitor this particular market segment. The Report finds that in more than half of the 27 national markets in the EU, structured deposits do not exist, and that the EU market remains very small at an aggregate level, with only €16.7 billion of structured deposits sold between 1 January and 30 September 2023 – the reference period of the Report -, and 95% of which was concentrated in only 4 EU Member States.
The EBA consults on the Handbook on independent valuers for resolution purposes
The European Banking Authority (EBA) today launched a public consultation on the draft Handbook on independent valuers for resolution purposes. The draft Handbook aims at enhancing convergence by providing best practices, high-quality methodologies and processes for the selection and appointment of independent valuers for resolution purposes, as well as examples on the application of these methodologies under some scenarios. The consultation runs until 19 September 2024.