EBA欧洲银行-CP37_UniCredit-Group_2页_169kb

UniCredit Group's Reply to CEBS CP 37 on Revised Guidelines for External Credit Assessment Institutions

General Remarks

UniCredit Group (UCG) has expressed strong support for the efforts aimed at harmonizing regulations and promoting a level playing field in the financial sector. This is particularly relevant in the context of the recent financial crisis, which has had a negative impact on the uniformity and fairness of regulatory practices across the industry.

UCG experts have conducted a thorough review of the proposed guidelines and have found them acceptable. The group is comfortable with the CEBS proposal and believes it contributes positively to the regulatory framework.

Key Areas of Focus

The response from UCG was prepared by the following departments and individuals:

• Institutional and Regulatory Strategic Advisory
• Regulatory Affairs Planning
• Finance & Control – Planning, Control and Capital Management
• Strategic Funding

These areas were involved in evaluating the implications of the revised guidelines on the recognition of External Credit Assessment Institutions (ECAIs).

Contact Information

Area Heads

• Gabriele Stinco, Strategic Risk Management And Control (SRMC)
  Email: Gabriele.stinco@unicreditgroup.eu

• Sergio Lugaresi, Regulatory Affairs (RA)
  Email: Sergio.Lugaresi@unicreditgroup.eu

CEBS Contact

• Marco Laganà, RA
  Email: Marco.Laganà@unicreditgroup.eu

Experts

• Alessia Grosso, Head of Group Rating Management, SRMC
  Email: Alessia.grosso@unicreditgroup.eu

Main Points of the Response

• UCG supports the harmonization of regulations and the creation of a level playing field.
• The group is in favor of the revised guidelines on the recognition of ECAIs.
• The review of the guidelines was conducted by UCG experts, who found the proposal acceptable.
• The response was coordinated across several strategic and regulatory departments, indicating a comprehensive evaluation process.
• The contact persons listed represent the key individuals responsible for engaging with the CEBS on this matter.

This summary reflects UCG's positive stance towards the CEBS guidelines and the internal coordination that took place in forming the response.