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EBA Report on the Application of the Guidelines on the Remuneration of Sales Staff.pdf
Report on the application of the Guidelines on the remuneration of sales staff
EBA report highlights shortcomings in the application of its Guidelines on the remuneration of sales staff
The European Banking Authority (EBA) published today a Report on the application of its Guidelines on the remuneration of sales staff in force since 2016. The EBA’s assessment revealed that financial institutions focus more on prudential requirements and commercial interests than on meeting the interests of consumers. However, the EBA also identified good practices that are considered to be compliant with the Guidelines.
EBA consults on draft technical standards setting requirements for crowdfunding service providers
The European Banking Authority (EBA) launched today a consultation on draft Regulatory Technical Standards (RTS) specifying the information that crowdfunding service providers shall provide to investors. The proposed requirements cover the method used for the calculation of credit scores and loan prices, the factors that the providers need to consider when carrying out a credit risk assessment and conducting a valuation of a loan, and the underlying policies and governance arrangements. The consultation runs until 8 March 2022.
Regulatory Technical Standards on credit scoring and loan pricing disclosure, credit risk assessment and risk management requirements for crowdfunding service providers
CP on RTS2 Art 19(7) ECSPR.pdf
Consultation Paper on draft RTS on credit scoring and loan pricing disclosure, credit risk assessment and risk management requirements for Crowdfunding Service Providers