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Mapping Report - INC (JC 2017 34).pdf
Mapping Report - HRR (JC 2017 33).pdf
Consultation Paper on Revised Draft ITS Mapping CRR (JC 2017 31).pdf
Mapping Report - modeFinance (JC 2017 35).pdf
Mapping Report - EJR (JC 2017 32).pdf
EBA Revised Decision on the Use of Unsolicited Credit Assessments (EBA-DC-2017-195).pdf
EBA Revised Decision on the Use of Unsolicited Credit Assessments (EBA-DC-2017-195)
EBA Revised Decision published on the Official Journal
EBA outlines roadmap to strengthen the monitoring of ECAIs
The European Banking Authority (EBA) published today its future work plan on credit assessments issued by External Credit Assessment Institutions (ECAIs). Besides its ongoing work on the mapping of ECAIs’ credit assessments, the EBA plans to strengthen the monitoring and quality of such mapping used for the determination of capital requirements, which may be calculated based on the relevant credit assessments produced by the current 25 credit rating agencies (30 in the future).
ESAs consult on amendments to technical standards on the mapping of ECAIs
The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched today a public consultation to amend the Implementing Regulations on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk to reflect the recognition of five new credit rating agencies (CRAs) and the deregistration of one CRA. The Implementing Regulations are part of the EU Single Rulebook for banking and insurance aimed at creating a safe and sound regulatory framework consistently applicable across the European Union (EU). The consultation runs until 18/09/2017.
EBA amends Decision on the quality of unsolicited credit assessments of certain ECAIs for the assignment of risk weights
The European Banking Authority (EBA) published today a revised Decision confirming the quality of unsolicited credit assessments assigned by certain External Credit Assessment Institutions (ECAIs) for calculating institutions' capital requirements. The revised Decision, which reflects the recognition of five additional ECAIs and the de-registering of one ECAI, is part of the Single Rulebook in banking and will ensure regulatory harmonisation across the European Union (EU) regarding the use of unsolicited credit ratings for determining institutions' own funds requirements.