Regulation Financiere
EBA Streamlines Connected Clients Guidelines
The European Banking Authority (EBA) has partially deleted sections of its Guidelines on connected clients. This streamlining follows the implementation of new, directly applicable EU legislation. The changes aim to align existing regulatory frameworks with the updated legal landscape, ensuring consistency and efficiency in financial supervision. This update impacts how banks assess interconnectedness, potentially affecting financial stability and consumer protection indirectly.
New EU law leads to simpler banking rules on connected clients.