23 May 2013
The European Banking Authority (EBA) launches today a consultation on Draft Regulatory Technical Standards (RTS) on own funds (Part III) related to criteria to define broad market indices, the calculation of minority interest and the deduction of indirect and synthetic holdings. The consultation runs until 18 July 2013.
In particular, the objectives of the draft RTS are:
The proposed RTS complement the draft RTS on own funds already published for consultation on 4 April 2012 (Part I) and 9 November 2012 (Part II). They stem from additional mandates granted to the EBA in the final compromise of the Capital Requirements Regulation.
These RTS will be part of the single rulebook aimed at enhancing regulatory harmonisation in Europe and namely at strengthening the quality of capital.
Comments to this consultation paper can be sent to the EBA by e-mail to EBA-CPemail@example.com by 18 July 2013, indicating the reference EBA/CP/2013/17.
All contributions received will be published following the close of the consultation, unless requested otherwise.
A public hearing will take place at the EBA premises on 24 June 2013 from 14:00 to 17:00 UK time. To register for the public hearing, click here.
Notes1. Consultation paper on Draft Regulatory Technical Standards on Own Funds (Part I) - 4 April 2012