BSG response to Consulation paper (EBA-CP-2014-46) - 18 March 2015.pdf
BSG response to Consulation paper (EBA-CP-2014-46) - 18 March 2015
BSG response to Consulation paper (EBA-CP-2014-46) - 18 March 2015
Annex I (Mapping Template)
Annex II - Template on written coordination and cooperation arrangements
The EBA has published its final draft Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) on the functioning of the colleges of supervisors in the EU. These technical standards on colleges detail the conditions for the establishment and functioning of colleges of supervisors, and assist the interaction and cooperation between the consolidating supervisor and the relevant competent authorities. They also detail how colleges' supervisory activities should be planned and performed in both going concern and emergency situations.
EBA-RTS-2014-16 and EBA-ITS-2014-07 (Final draft RTS and ITS on Colleges of Supervisors)
EBA/ITS/2014/06 Final draft ITS on Joint Decisions on Internal Models
The EBA published today its final draft Implementing Technical Standards (ITS) on joint decisions related to the approval of internal models. The objective of these standards is to facilitate the interaction and cooperation between competent authorities and to strengthen supervision of cross-border banking groups across the EU. These ITS will be part of the Single Rulebook aimed at enhancing regulatory harmonisation in the banking sector at EU level.
Methodology for the assessment of the equivalence of Third Country
Professional Secrecy Standards with the Capital Requirements
Directive for the purposes of colleges of supervisors
The EBA launched a public consultation on standards on colleges of supervisors and on standards on joint decisions on approval of internal models. The technical standards on colleges detail supervisory activities performed by colleges in going concern and emergency situations, while the ITS on joint decisions relate to the approval of internal models and detail the processes to be followed by competent authorities when reaching joint decisions. These standards aim at facilitating the interaction and cooperation between authorities at EU and global level and strengthening supervision of cross-border banking groups across the EU.
EBA-CP-2014-13 (CP on draft ITS on JD on Prudential Requirements)
EBA-CP-2014-12 Annex I (Mapping template)
EBA-CP-2014-12 Annex II (Template on written coordination and cooperation arrangements)
EBA-CP-2014-12 (CP on draft RTS and ITS on Colleges of Supervisors)
The objective of these Implementing Technical Standards (ITS) on joint decisions on institution-specific prudential requirements is to facilitate the reaching of effective joint decisions between the consolidating supervisor and the competent authorities responsible for the supervision of subsidiaries in a Member State. In particular, these ITS set up common procedures and templates that will facilitate the interaction and cooperation between the consolidating supervisor and the relevant competent authorities when providing their contribution to the group risk assessment and joint decision documents.
The European Banking Authority (EBA) published today its final draft Implementing Technical Standards (ITS) on joint decisions on institution-specific prudential requirements. These ITS will ensure uniform conditions of application of the joint decision process - on capital and liquidity - between consolidating supervisors and relevant competent authorities.
European Banking Authority Technical Standards - Final draft Implementing Technical Standards (ITS) on joint decisions on institution-specific prudential requirements (EBA/ITS/2013/06)
European Banking Authority Technical Standards related material - Annex III: Group risk assessment report template (EBA/ITS/2013/06)