EBA Streamlines Guidelines on Connected Clients

The European Banking Authority (EBA) has decided to partially delete sections of its Guidelines on connected clients. This streamlining follows the entry into force of new, directly applicable EU legislation. The changes aim to align the guidelines with the updated legal framework, reducing complexity and ensuring consistency in financial regulation. This development is important for banks and financial institutions operating in the EU, impacting how they assess and manage risks related to connected clients.

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