Search

The European Banking Authority (EBA) issued a list of incorrect validation rules found in its Implementing Technical Standards (ITS) on supervisory reporting. The Authority informed that as a consequence, data submitted in accordance with these Implementing Technical Standards (ITS) should not be validated against the published set of incorrect rules.

The European Banking Authority (EBA) informs on an addendum to its work plan for 2014 following a series of calls for advice from the European Commission. The additional work will mostly consist of technical advice on a number of topics related to provisions in the CRR/CRD. It will inform the European Commission in the preparation of reports to the European Parliament and the Council and, where appropriate, legislative acts.

The European Supervisory Authorities (ESAs) launched today a consultation on draft Regulatory Technical Standards (‘RTS’) outlining the framework of the European Market Infrastructure Regulation (EMIR). These RTS cover the risk management procedures for counterparties in non-centrally cleared OTC derivatives, the criteria concerning intragroup exemptions and the definitions of practical and legal impediments. The consultation will allow gathering public views on how to ensure a proportionate implementation of the requirements, as well as any other specific aspects that need discussion. The consultation runs until 14 July 2014.