EBA published answers to six questions under the Single Rulebook question and answer (Q&A) updates for this week. The updated answers cover topics such as security measures for operational and security risks; strong customer authentication, along with common and secure communication; major incidents reporting under the second Payment Services Directive or PSD 2; and supervisory reporting.
The overall objective of the Q&A tool is to ensure consistent and effective application of the new regulatory framework across the Single Market. Institutions, supervisors, and other stakeholders can use the Single Rulebook Q&A tool for submitting questions on Capital Requirements Directive IV (CRD IV), Capital Requirements Regulation (CRR), and the related technical standards developed by EBA and adopted by EC.
Related Link: Single Rulebook
Keywords: Europe, EU, Banking, Q&A, Single Rulebook, CRR, CRD IV, PSD 2, EBA