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EBA technical advice on prudential regime for investment firms

18/01/2018

On 29 September 2017, the EBA published its technical advice to the European Commission on the design and calibration of a new prudential framework for investment firms, which is intended to be specifically tailored to the needs of investment firms' different business models and inherent risks.

On 29 September 2017, the EBA published its technical advice to the European Commission on the design and calibration of a new prudential framework for investment firms, which is intended to be specifically tailored to the needs of investment firms' different business models and inherent risks. The Opinion covers the design and calibration of capital and liquidity requirements, consolidated supervision, reporting requirements, the suitability of the proposed framework for commodity derivatives firms and the need of macro-prudential tools. Further recommendations are provided on the applicability of the remuneration requirements and corporate governance rules to investment firms laid down in the CRD and CRR. In addition, the Opinion includes recommendations for the introduction of very simple prudential requirements for small investment firms that provide limited services or activities.

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