On 19th March 2014, the EBA issued a consultation paper entitled "Draft EBA Guidelines on limits on exposures to shadow banking entities which carry out banking activities outside a regulated framework under Article 395 para. 2 Regulation (EU) No. 575/2013" [EBA/CP/2015/06].

The draft Guidelines aim at laying down the requirements which credit institutions and investment firms must fulfil to set limits to their individual exposures to shadow banking entities and to the shadow banking sector in its entirety.

The consultation runs until 19th June 2015. Contributions can be submitted online by clicking on the 'send your comments' button on the consultation page within the EBA's website: http://goo.gl/hNmNF6

MFSA Newsletter - March 2015

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.