News & Press
The EBA streamlines its Guidelines on connected clients to align with new EU legislation
The European Banking Authority (EBA) has decided to partially delete sections of its Guidelines on connected clients, following the entry into force of new, directly applicable EU legislation. The changes ensure continued clarity, consistency and alignment in the framework used by credit institutions to identify groups of connected clients.
The EBA publishes its final Guidelines on supervisory independence
The European Banking Authority (EBA) today published its final Guidelines on Supervisory Independence under the Capital Requirements Directive (CRD). The Guidelines further clarify the arrangements that competent authorities should have in place to prevent and manage conflicts of interest involving both their staff and the members of their governance bodies. These arrangements include declarations of interest, limitations on trading of financial instruments and cooling-oof restrictions.