EBA publishes its final Guidelines on the monitoring of the threshold for establishing an intermediate EU parent undertaking

28 July 2021

Metadata
Provider: 
EBAEBA
URL: 
https://www.eba.europa.eu/eba-publishes-its-final-guidelines-monitoring-threshold-establishing-intermediate-eu-parenthttps://www.eba.europa.eu/eba-publishes-its-final-guidelines-monitoring-threshold-establishing-intermediate-eu-parent
Retrieved on: 
Thursday, July 29, 2021
Information
Tags: 
European Union, European Union directives, Agencies of the European Union, Financial services, European Banking Authority, Eurozone, La Défense, Capital Requirements Directives, Banking
Summary
Key Points: 
  • 28 July 2021

    The European Banking Authority (EBA) published today its final Guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate EU parent undertakings (IPU) as laid down in the Capital Requirements Directive (CRD).

  • In addition, these Guidelines specify certain procedural aspects related to the monitoring of the threshold by competent authorities and the establishment of the IPU where necessary.
  • In particular, clarification is provided on the notifications, to be provided to the EBA on an annual basis.
  • During the consultation period, the EBA received feedback from stakeholders, which led to amendments being introduced to clarify some specific provisions.
Copyright: 
2021 EBA. All Rights Reserved.