Regulatory Alerts2024-07-05
Final Report on Revised Guidelines on Written Arrangements for Resolution Colleges
ESMA issues revised Guidelines on written arrangements for resolution colleges to address onboarding barriers for third-country authorities as observers. The amendments clarify that observers are not subject to EU law and establish detailed procedures for the onward sharing of confidential information. These changes facilitate the consistent application of EU law while ensuring third-country authorities can effectively participate in resolution colleges.
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