EBA publishes final draft technical standards on supervisory colleges
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.