EBA Consults On Standards For Colleges Of Supervisors

SS
Shearman & Sterling LLP

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On 3 July 2014, the EBA launched a public consultation on RTS and ITS for colleges of supervisors.
European Union Finance and Banking
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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 .

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.

EBA Consults On Standards For Colleges Of Supervisors

European Union Finance and Banking

Contributor

Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
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