European Union:
EBA Consults On Standards For Colleges Of Supervisors
18 July 2014
Shearman & Sterling LLP
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On 3 July 2014, the EBA launched a public consultation on (i)
RTS and ITS for colleges of supervisors, including for supervisory
activities when a cross-border firm begins to fail or does fail;
and (ii) standards for joint decision on approval of prudential
requirements and models to be used. The standards are required
under the CRR and the CRD.
The consultation paper is available at: http://www.eba.europa.eu/-/eba-consults-ontechnical-standards-on-home-host-cooperation-in-the-eu-banking-sector
.
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