September 21, 2018

EBA published answers to three questions under the Single Rulebook question and answer (Q&A) updates for this week. The updates relate to the application of the definition of speculative immovable property financing under the standardized approach; appropriate risk-weight for purchased defaulted assets; and strong customer authentication, along with common and secure communication, under the second Payment Services Directive or PSD 2.

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 Capital Requirements Directive IV (CRD IV), Capital Requirements Regulation (CRR), and the related technical standards developed by EBA and adopted by EC.

Related Link: Single Rulebook

Keywords: Europe, EU, Banking, Q&A, Single Rulebook, CRR, CRD IV, PSD2, EBA