Is AVC intended to apply to Multilateral Development Banks?

AVC is meant to cover systematic banks and shadow banking rather than MDBs like EIB

This question has been rejected because it is considered that EBA guidance or clarification is not needed with regard to the issue that it raises. t is considered that the existing regulatory framework is sufficiently clear and unambiguous.

The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on questions relating to the practical application or implementation of the provisions of legislative acts referred to in Article 1(2) of the EBA’s founding Regulation, as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts.

For further information on the purpose of this tool and on how to submit questions, please see “Additional background and guidance for asking questions”.