Regulatory Alerts2024-01-01
Decision on the internal process for ad hoc collection of information
The European Banking Authority issued this decision to establish a standardized internal process for the ad hoc collection of information from competent authorities and reporting institutions. It mandates that the DART Director assess the necessity, legitimacy, and proportionality of all requests, distinguishing between collections requiring statistical treatment and those with minimal burden. The framework defines specific approval workflows involving Standing Committees and the Board of Supervisors while excluding logistical data and personal data processing from its scope.
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