Regulatory Alerts2016-03-21
Added · Updated
Recommendation of the European Systemic Risk Board of 21 March 2016 amending Recommendation ESRB/2012/2 on funding of credit institutions
The European Systemic Risk Board extends the deadline for the European Banking Authority to deliver a report on the implementation of Recommendation A(5) regarding the funding of credit institutions from 30 June 2016 to 31 March 2017. This amendment merges the previously scheduled interim and final reports into a single submission to account for delays in data delivery from national supervisory authorities. The revised timeline also updates reporting deadlines for national supervisory authorities and macro-prudential authorities to align with the new schedule for Recommendations A(1) through A(5).
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