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The EBA opinion on prudential regulation of investment firms

The EBA opinion on prudential regulation of investment firms

The European Commission is currently considering the appropriate prudential treatment for investment firms. Particularly, whether the prudential regime laid down in the CRD/CRR is applicable for all investment firms or for certain classes of investment firms only. The EBA responded to the Commission´s call for technical advice and recommends that only those investment firms that are currently identified as Global Systemically Important Institutions (G-SIIs) and Other Systemically Important Institutions (O-SIIs) remain subject to the full CRD/CRR regime.

The EBA's recommendation issued on 20 October 2016 may be found here.