Recommendation on the equivalence of confidentiality regimes
- Status: Final and translated into the EU official languages
This Recommendation specifies the EBA's opinion on the confidentiality and professional secrecy regime of non-EU supervisory authorities, with the aim of facilitating their participation in supervisory colleges overseeing international banks, led by EU supervisors, as established by Art. 116(6) CRD. The assessment considers the key characteristics of the Capital Requirements Directive confidentiality regime. The Recommendation is updated in case new information becomes available and if new authorities are assessed