EBA updated the Single Rulebook question and answer (Q&A) tool for banks. With this update, EBA has added answers to 20 questions, providing clarifications on topics such as supervisory reporting, liquidity risk, credit risk, market risk, securitization and covered bonds, and rights of depositors under the Deposit Guarantee Schemes Directive (DGSD).
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 certain EU regulations and directives. These regulations and directives include the revised Capital Requirements Directive 5 (CRD 5), the revised Capital Requirements Regulation (CRR 2), the revised Bank Recovery and Resolution Directive (BRRD 2), the Securitization Regulation, DGSD, the Mortgage Credit Directive (MCD), the Payment Services Directive (PSD) 2, and the related technical standards that EBA has developed and adopted.
Related Link: Single Rulebook Q&A
Keywords: Europe, EU, Banking, Single Rulebook, Q&A, CRR, CRR2, DGSD, Securitization, Covered Bonds, Credit Risk, Market Risk, Liquidity Risk, Reporting, Basel, EBA
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