The European Banking Authority (EBA) has published an opinion to the European Commission on the appropriateness of the rules governing the levels of application of prudential requirements for credit and investment institutions (Pillar 1 and 2), in particular the exemption regime. The opinion will inform the Commission’s review and final report which will be transmitted to the European Parliament and Council of the EU by the end of December 2014.

View EBA advises on the application of prudential requirements for credit and investment institutions, 29 October 2014