EBA publishes Good Practices for ETF Risk Management
The European Banking Authority (EBA) issues today an Opinion addressed to National Supervisory Authorities (NSAs) on Good Practices for the Risk Management of Exchange Traded Funds (ETFs).
The European Banking Authority (EBA) issues today an Opinion addressed to National Supervisory Authorities (NSAs) on Good Practices for the Risk Management of Exchange Traded Funds (ETFs).
The European Banking Authority (EBA) issued today a warning on a series of risks deriving from buying, holding or trading virtual currencies such as Bitcoins. The EBA said that consumers are not protected through regulation when using virtual currencies as a means of payment and may be at risk of losing their money. It also added that there is no guarantee that currency values remain stable The warning was issued while the Authority assesses further all relevant aspects associated with virtual currencies, in order to identify whether virtual currencies can and should be regulated and supervised.
The European Banking Authority (EBA) launched today a public consultation on a draft Regulatory Technical Standard (RTS) on the minimum monetary amount of the professional indemnity insurance or comparable guarantee for mortgage credit intermediaries. These RTS refer to Article 29(2)(a) of the proposed Directive on credit agreements relating to immovable residential property (Mortgage Credit Directive - MCD).
European Banking Authority Consultation Paper - Consultation Paper on draft Regulatory Technical Standards on the minimum monetary amount of the professional indemnity insurance or comparable guarantee for mortgage credit intermediaries (EBA/CP/2013/46)
Warning of the European Banking Authority - Warning to consumers on virtual currencies (EBA WRG 2013 01)
Joint Committee Consultation Paper - Consultation Paper on draft Guidelines for complaints-handling for the securities (ESMA) and banking (EBA) sectors (JC/CP/2013/03)
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have jointly launched a consultation on guidelines for complaints handling in the securities and markets sectors. The proposed Guidelines will build on the existing guidelines on complaints handling by insurance undertakings published by the European Insurance and Occupational Pensions Authority (EIOPA) in June 2012. The consultation runs until 7 February 2014.
The Joint Committee of the European Supervisory Authorities (Joint Committee) held its first Consumer Protection Day on 25 June 2013 in Paris.Consumer protection is a major objective for the European Supervisory Authorities (ESAs – EBA, ESMA, EIOPA) and under the auspices of the Joint Committee, they continue to place this high on their agenda for 2013.
EBA/Op/2013/03 Opinion on Good Practices for the Treatment of Borrowers in Mortgage Payment Difficulties
EBA/Op/2013/02 Opinion on Good Practices for Responsible Mortgage Lending
The European Banking Authority (EBA) publishes today two Opinions on good practices for (i) responsible mortgage lending and (ii) for the treatment of borrowers in mortgage payment difficulties. Both Opinions are addressed to competent authorities and aim at promoting common practices, with the ultimate view of enhancing consumer protection and contributing to the stability, integrity and effectiveness of the financial system.
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published a warning to retail investors about the dangers of investing in contracts for difference (CFDs)
On 25 October 2012, the European Banking Authority (EBA) held its first Day on Consumer Protection
European Banking Authority Report - Report on Consumer Trends, Supervisory Concerns Regarding Consumer Protection Issues in 2012/13 (18 March 2013)
Opinion of the European Banking Authority - Opinion on Good Practices for ETF Risk Management (EBA/Op/2013/01)
Warning of the European Securities and Markets Authority and the European Banking Authority - Investors warning on contracts for difference
Opinion of the European Banking Authority - Cover letter to the ICANN on the planned Top Level Domain Names .bank and .fin (20 February 2012)
Opinion of the European Banking Authority - Comments to the ICANN (Internet Corporation for Assigned Names and Numbers) on the planned Top Level Domain Names '.bank' and '.fin' (EBA BS 2011 197)
European Banking Authority Report - Financial Innovation and Consumer Protection - An overview of the objectives and work of the EBA’s Standing Committee on Financial Innovation (SCFI) in 2011-2012 (1 February 2012)
3L3 Task Force Report - Report on Packaged Retail Investment Products (CESR 10 1136; CEBS 2010 196; CEIOPS 3L3 54 10)