The EBA publishes final Guidelines on the application of the group capital test for investment firm groups
The EBA publishes final Guidelines on the application of the group capital test for investment firm groups
- The EBA publishes final Guidelines on the application of the group capital test for investment firm groups
The European Banking Authority (EBA) published today its final Guidelines on the application of the group capital test for investment firm groups. - These Guidelines set harmonised criteria to address the observed diversity in the application of the group capital test across the EU and help ensure a level playing field.
- The Guidelines also provide a methodology to guide Competent Authorities in the assessment of the adequacy of own funds requirement of third country undertakings of EU groups.
- The group capital test is set out in Article 8 of Regulation (EU) 2019/2033.