• Enhancing institutions’ preparedness in business as usual to swiftly provide data and information contributes to the achievement of resolution objectives and to the effectiveness of resolution actions.
• The EBA’s approach to institutions’ preparedness is balanced and proportionate.
• The EBA’s approach relies on the combination of institutions’ internal...

The European Banking Authority (EBA) launched today a consultation to update the identification methodology of global systemically important institutions (G-SIIs) and related capital buffer rates. The need for this revision was prompted, on one hand, by the revised framework for global systemically important banks (G-SIBs) published by the Basel Committee on...

•    Results from the first AML implementation review highlight that competent authorities are working hard to reform their approach to AML/CFT supervision. 
•    Challenges remain that need to be addressed to ensure AML/CFT supervision is risk based, proportionate and effective.
•    The EBA is reviewing competent authorities’ approach to AML/CFT supervision as part of its duty...