Regulatory Alerts2022-10-20
Compliance with EBA Guidelines on the Equivalence of Confidentiality Regimes (EBA/GL/2022/04)
The Prudential Supervision and Resolution Authority (ACPR) declares its compliance with the European Banking Authority's guidelines on the equivalence of confidentiality regimes. These new guidelines, which replace the 2015 recommendations, expand the scope of professional secrecy assessments to include the Payment Services Directive (DSP2), the Bank Recovery and Resolution Directive (BRRD), and the Anti-Money Laundering Directive (AMLD). This alignment ensures that third-country confidentiality regimes are evaluated against a broader set of EU regulatory frameworks beyond the Capital Requirements Directive.
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