The European Banking Authority (EBA) has published its single rulebook Q&A in a revised format following changes in the way the Q&A tool is operated and the process by which questions are answered. The single rulebook Q&As relate to the CRD IV package of reforms: the CRD IV Directive, the Capital Requirements Regulation and the related technical standards and guidelines developed by the EBA. The EBA has also published a related press release announcing the launch of its interactive single rulebook and a revised document setting out additional background and guidance for submitting questions.
The revised Q&A tool now sets out extracts of all final Q&As grouped by topics (such as own funds and credit risk) in pdf format. Q&As related to the implementing technical standards (ITS) on supervisory reporting have been compiled in a separate file, due to the large number of questions being raised on them and has yet to be published. The files will be updated on a quarterly basis, starting from the end of September 2014.
The EBA encourages all stakeholders to read this document before posting a question. The key changes focus on the stricter prioritisation of incoming questions, more stringent criteria for submitting questions, grouping of questions which raise related issues, as well as a new publication policy for questions and answers. Submitted questions will no longer be published while under review, but only after the answers have been finalised. Rejected questions will be published for two months to illustrate the types of questions that are unsuitable. After this period, they will be deleted from the tool. The Q&A have no binding force in law, nor are they subject to the comply or explain process.
View Single Rulebook Q&A, 6 June 2014
View EBA launches interactive Single Rulebook, 6 June 2014
View Interactive Single Rulebook, 6 June 2014
View Additional background and guidance for asking questions, 6 June 2014