EBA announced that it will gradually move its operations to the Paris offices. It is expected to close the current premises in One Canada Square, Canary Wharf, London, on May 31, 2019. EBA, on March 06, 2019, is expected to sign in Paris its headquarters agreement with the French authorities. The agreement will ensure the proper functioning of EBA in the context of the relocation of its seat from London to Paris as of March 30, 2019. From March 30, 2019, all meetings of the governing bodies of EBA will be held in Paris. EBA, the Authority, will be fully operational in the new premises in Paris from June 03, 2019.
Related Link: Press Release
Keywords: Europe, EU, UK, Banking, Headquarters, EBA
Previous ArticleEC Technical Expert Group Issues Proposal for EU Green Bond Standard
APRA updated the lists of the Direct to APRA (D2A) validation and derivation rules for authorized deposit-taking institutions, insurers, and superannuation entities.
EC adopted a package that includes the digital finance and retail payments strategies and the legislative proposals for regulatory frameworks on crypto-assets and digital operational resilience.
ECB published an opinion (CON/2020/22) on proposals for regulations amending the securitization framework of EU, in response to the COVID-19 pandemic.
FCA is consulting on its approach to the authorization and supervision of international firms operating in UK.
MAS published amendments to Notice 637 on the risk-based capital adequacy requirements for reporting banks incorporated in Singapore.
FCA announced that it will move firms to RegData from Gabriel in the coming months in stages, based on the reporting requirements of firms.
ISDA issued a letter to regulators to flag that it now expects the supplement to the 2006 ISDA Definitions and the Interbank Offered Rate (IBOR) Fallbacks Protocol to be effective around mid- to late-January 2021.
APRA has concluded its review of the comprehensive plans of authorized deposit-taking institutions for the assessment and management of loans with repayment deferrals.
ESAs (EBA, EIOPA, and ESMA) published the first joint report that assesses risks in the financial sector since the outbreak of the COVID-19 pandemic.
BoE and HM Treasury confirmed that the COVID Corporate Financing Facility (CCFF) will close for new purchases of commercial paper, with effect from March 23, 2021.