EBA Enhances Online Platform for Resolution of Cross-Border Banks
EBA updated the version of its online collaboration platform enabling the joint work and information-sharing between authorities involved in the supervision and resolution of cross-border banking groups. The update enhances functionality of the platform based on the feedback received from the authorities and introduces a number of technical upgrades to increase the security of supervisory and resolution information.
The main objective of EBA college platform is to facilitate a secure and user-friendly collaboration and continuous exchange of information between all the relevant authorities within the framework of supervisory, resolution, and anti-money laundering and countering terrorist financing (AML/CTF) colleges. EBA has been already supporting the colleges’ activity with the platform for a number of years. While the use of EBA college platform is not mandatory for the authorities, EBA is inviting the colleges that are still relying on secured e-mails for exchanging confidential information to use the EBA college platform.
Related Links
Keywords: Europe, EU, Banking, Supervisory Colleges, Collaboration Platform, Cross-Border Banking, Resolution Framework, EBA
Previous Article
CSSF Sets Countercyclical Capital Buffer Rate for BanksNext Article
EBA Single Rulebook Q&A: First Update for May 2020Related Articles
EBA Publishes Standards on Disclosure of Investment Policy Under IFR
The European Banking Authority (EBA) published the final draft regulatory technical standards on disclosure of investment policy by investment firms, under the Investment Firms Regulation (IFR).
EBA Updates Filing Rules for Supervisory Reporting
The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting.
ECB Amends Guideline on Procedures for Collection of AnaCredit Data
The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.
ECB Amends Guideline on Procedures for Collection of AnaCredit Data
The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.
APRA Finalizes Guidance for New Prudential Standard on Remuneration
The Australian Prudential Regulation Authority (APRA) published the prudential practice guide CPG 511 to assist banks, insurers, and superannuation licensees in meeting requirements of CPS 511, the new prudential standard on remuneration.
OCC Updated LIBOR Self-Assessment Tool for Banks
The Office of the Comptroller of the Currency (OCC) published a bulletin that provides an updated self-assessment tool for banks to evaluate their preparedness for cessation of the London Interbank Offered Rate (LIBOR).
TCFD Updates Guidance for Financial Disclosures on Climate Risk
The Financial Stability Board (FSB) published a report that examines the progress made toward disclosures aligned with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
BCBS Report Examines Progress on Adoption of Basel III Framework
The Basel Committee on Banking Supervision (BCBS) published the progress report on adoption of the Basel III regulatory framework in member jurisdictions.
ACPR Implements Updates Related to DPM Version 3.1
The French Prudential Supervisory Authority (ACPR) has implemented, in its information system, updates linked to the Data Point Model (DPM) version 3.1.
EBA Note Examines Transition Risks of Benchmark Rates
The European Banking Authority (EBA) published a thematic note that aims to identify and raise awareness of the transition risks of benchmark rates, as the London Interbank Offered Rate (LIBOR) and the Euro Overnight Index Average (EONIA) are close to being phased out.
