On 21 February 2022, the European Banking Authority published updated questionnaires used for the assessment of regulatory and supervisory frameworks of third countries, to reflect certain provisions recently introduced by revised prudential regulation in the EU.

The Capital Requirements Regulation foresees that certain exposures to entities located in non-EU countries can be treated, in terms of risk-weights, as exposures in EU Member States, provided that the European Commission adopts an Implementing Decision determining that the country’s prudential requirements are equivalent to the EU ones.