Featured Product

    EBA Expands Scope of Interactive Single Rulebook and Q&A Tool

    June 17, 2020

    EBA expanded the scope of its Questions and Answers (Q&A) process and tool to enable the submission of questions on the Anti-Money-Laundering (AML) Directive and Consumer Protection legislation under the scope of EBA. Going forward, submitted questions that meet the prescribed criteria will be published on EBA website while their answers are being prepared. EBA also made some changes to expand and update the online Interactive Single Rulebook. As of June 12, 2020, the Interactive Single Rulebook has been expanded to include AML Directive and Wire Transfer Regulation (WTR). Additionally, it has been updated to include the revised Capital Requirements Regulation and Directive (CRR2 and CRD5) and the revised Banking Resolution and Recovery Directive (BRRD2). EBA also updated the document on additional background and guidance for asking questions.

    For CRR2, CRD5, and BRRD2, the associated Delegated and Implementing acts, regulatory technical standards, implementing technical standards, guidelines, recommendations, and Q&As have not yet been updated in the updated texts. Newly finalized updates for these texts will be added as they are published. For the texts published so far, EBA is conducting a review of all final Q&As to establish the extent to which they remain relevant. Once this work has been finalized, the outcome will be reflected in the updated texts. Relevant associated Acts, standards, guidelines, and recommendations will also be added at that stage.

    Meanwhile, users of the Interactive Single Rulebook can consult both the current and the previous legal acts' past version for the CRR/CRD/BRRD when searching for relevant Q&As. The Interactive Single Rulebook is an online tool that provides a comprehensive compendium of the level 1 text for CRR, CRD5, BRRD2, the Deposit Guarantee Schemes Directive (DGSD), AML Directive, Mortgage Credit Directive (MCD), Payment Services Directive (PSD2), Simple, transparent and standardized Securitization Regulation, Wire Transfer Regulation (WTR), and their corresponding technical standards developed by EBA and adopted by EC, in addition to the EBA guidelines, recommendations, and related Q&As.

     

    Related Links

    Keywords: Europe, EU, Banking, Single Rulebook, Q&A, Interactive Single Rulebook, CRR2, CRD5, BRRD2, AML, Wire Transfer Regulation, WTR, Level 1 Measures, EBA

    Featured Experts
    Related Articles
    News

    UK Government to Set Out Rules on Wind-down of Critical Benchmarks

    HM Treasury notified that, after considering all responses, the government intends to bring forward further legislation, when the Parliamentary time allows, to address issues identified in the consultation on supporting the wind-down of critical benchmarks.

    May 07, 2021 WebPage Regulatory News
    News

    EIOPA Launches Stress Test for Insurance Sector in EU

    EIOPA launched the 2021 stress test for the insurance sector in EU.

    May 07, 2021 WebPage Regulatory News
    News

    UK Authorities Publish Third Edition of Regulatory Initiatives Grid

    UK authorities jointly published the third edition of Regulatory Initiatives Grid setting out the planned regulatory initiatives for the next 24 months.

    May 07, 2021 WebPage Regulatory News
    News

    EC Consults on Regulation on Non-Financial Sustainability Disclosures

    EC is requesting feedback on the proposed Commission Delegated Regulation on the content, methodology, and presentation of information that large financial and non-financial undertakings should disclose about their environmentally sustainable economic activities under the Taxonomy Regulation.

    May 07, 2021 WebPage Regulatory News
    News

    OSFI Outlines Prudential Policy Priorities for Coming Months

    OSFI has set out the near-term priorities for federally regulated financial institutions and federally regulated private pension plans for the coming months until March 31, 2022.

    May 06, 2021 WebPage Regulatory News
    News

    BIS Announces TechSprint on Innovative Green Finance Solutions

    Under the Italian G20 Presidency, BIS Innovation Hub and the Italian central bank BDI launched the second edition of the G20 TechSprint on the lookout for innovative solutions to resolve operational problems in green and sustainable finance.

    May 06, 2021 WebPage Regulatory News
    News

    ACPR Publishes Version 1.0.0 of RUBA Taxonomy

    ACPR published Version 1.0.0 of the RUBA taxonomy, which will come into force from the decree of January 31, 2022.

    May 06, 2021 WebPage Regulatory News
    News

    EBA Proposed Regulatory Standards for Central Database on AML/CFT

    EBA proposed the regulatory technical standards on a central database on anti-money laundering and countering the financing of terrorism (AML/CFT) in EU.

    May 06, 2021 WebPage Regulatory News
    News

    ECB Responds to EC Consultation on Crisis Management Framework

    ECB published its response to the targeted EC consultation on the review of the bank crisis management and deposit insurance framework in EU.

    May 06, 2021 WebPage Regulatory News
    News

    BCBS, CPMI, and IOSCO to Survey Market Participants on Margin Calls

    BCBS, CPMI, and IOSCO (the Committees) are inviting entities that participate in market infrastructures and securities markets through an intermediary as well as non-bank intermediaries to complete voluntary surveys on the use of margin calls.

    May 05, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6942