The main goal of equivalence is to manage effectively and facilitate cross-border activity of financial market players in a sound prudential environment, as third countries adhere and adopt the same high standards of prudential rules that are in force within the EU. To this extent, the recognition of equivalence can provide mutual benefits for both the EU and third country financial markets and institutions. The EBA carries out two types of equivalence assessments: equivalence of the […]
At the EBA our role is to lead, coordinate and monitor the fight against money laundering (ML) and terrorist financing (TF) across the European Union.Since financial crime respects no borders, a weakness in one area opens up the entire EU single market to abuse. A common approach is therefore key to effectively fight ML/TF in the EU. At the EBA we have led this work by issuing EU-wide AML/CFT policies and standards, building supervisory capacity, monitoring risks to the integrity of the […]
This page provides on overview of supervisory reporting requirements. With the entry into force of the CRD IV/CRR framework new reporting requirements become applicable which are defined by the EBA via technical standards or guidelines.A pathway for a more efficient and proportionate supervisory reporting.
DocumentsEBA Risk Reduction Package RoadmapsDecision on institutions ESG data ad-hoc collectionLinksOverview of IT solutions under CRR reporting | IT […]
This page presents the policy work undertaken by the EBA to promote transparency and enhanced public disclosures by financial institutions in order to reinforce market discipline.Following the recent updates to the regulatory frameworks for credit institutions and investment firms, and the publication in 2018 of the European Commission’s action plan on sustainable finance, the EBA is implementing a new policy strategy on institutions’ Pillar 3 disclosures that seeks to increase efficiency of […]
