EBA launches supplementary data collection to support the new prudential framework for investment firms
The European Banking Authority (EBA) launched today a supplementary data collection aimed at supporting the response to the European Commission’s Call for Advice on the new prudential framework for investment firms. This exercise follows up on the first data collection launched on 15 July 2016 and the EBA Discussion Paper published on 4 November 2016, in which the EBA consulted on its proposals for developing a new prudential framework. In light of the feedback received in the consultation and the additional analysis undertaken, many valuable improvements have been made to the initial proposals. As a result, the EBA considers necessary to launch a supplementary data collection to support the final calibration and impact assessment of the new framework.