The European Banking Authority (EBA) has published an opinion addressed to the European Parliament, Council and European Commission, on matters relating to the regulatory perimeter under the Capital Requirements Directive IV / Capital Requirements Regulation (CRD IV / CRR). These include the use of Articles 2(5) and 9(2) of the CRD IV and the interpretation of the terms ‘financial institution’ and ‘ancillary services undertaking’ as defined in the CRR.

A report has also been published in which the EBA summarises the findings of a comprehensive study, which focuses on the interpretation of the term ‘credit institution’ and the prudential treatment of those entities established in the EU which carry on credit intermediation but are not ‘credit institutions’.

View EBA publishes an Opinion and Report on regulatory perimeter issues relating to the CRD IV/CRR, 9 November 2017