EBA Recommendations on supervisory oversight of activities related to banks’ participation in the Euribor panel

Competent authorities supervising Euribor panel banks are required to include Euribor submissions in supervisory review processes and ensure they are covered by risk management policies, including the application of the four-eye principle. Panel banks must establish or review internal codes of conduct addressing conflicts of interest, collusion, and remuneration links, while maintaining adequate internal controls, independent reviews, and accessible records of submissions. Competent authorities must implement these Recommendations into their supervisory practices by 11 March 2013 and notify the EBA of their compliance status by the same deadline.

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EBA Recommendations on supervisory oversight of activities related to banks’ participation in the Euribor panel 11 January 2013 EBA/REC/2013/01

Recommendations on supervisory oversight of activities related to banks’ Euribor panel participation
Table of contents

Executive Summary 3
Background and rationale 4
EBA Recommendations on supervisory oversight of activities related to
banks’ participation in the Euribor panel 6
Consultation and Impact Assessment 11
Confirmation of compliance with the Recommendations 12

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Source: European Banking Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works