The European Banking Authority (EBA) Single Rulebook Question and Answer (Q&A) tool updates for this month include answers to 73 questions. The update covers queries on certain topics under the Capital Requirements Regulation (CRR), including large exposures, market risk, liquidity risk, and credit risk. The answers also address queries on the second Payment Services Directive (PSD 2) and the Banking Recovery and Resolution Directive (BRRD), covering topics such as resolution tools and powers, minimum requirement for own funds and eligible liabilities (MREL), resolution objectives and triggers, resolution plans, write-down and conversion of capital instruments, resolution financing arrangements, and cross-border resolution.
The overall objective of the Q&A tool is to ensure consistent and effective application of regulatory framework across the Single Market. Institutions, supervisors, and other stakeholders can use the Single Rulebook Q&A tool to submit questions on certain EU regulations and directives. These regulations and directives include the revised Capital Requirements Directive (CRD5) and Regulation (CRR2), BRRD2, the Securitization Regulation, the Deposit Guarantee Schemes Directive (DGSD), the Mortgage Credit Directive (MCD), the PSD 2, the Wire Transfer Regulation (WTR), and the Anti Money Laundering (AML) Directive, along with any related technical standards that EBA has developed and adopted.
Related Link: Single Rulebook Q&A
Keywords: Europe, EU, Banking, Q&A, Single Rulebook, Reporting, Liquidity Risk, Credit Risk, CRR, PSD 2, Basel, BRRD, Resolution framework, MREL, EBA
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