EBA欧洲银行-EBA-GL-2015-18-Compliance-Table-GLs-on-POG_6页_237kb

Compliance Summary with EBA Guidelines on Product Oversight and Governance Arrangements for Retail Banking Products

Core Content

This document provides a summary of the compliance status of competent authorities across the European Economic Area (EEA) with the European Banking Authority (EBA) Guidelines on Product Oversight and Governance Arrangements (POG) for retail banking products. The compliance status is categorized as "Complies," "Intends to comply," or "Does not intend to comply," with specific dates and comments provided where applicable.

Main Points

• Compliance Deadline: Most competent authorities intend to comply by 03.01.2017, with some having earlier or later dates.
• Variation in Compliance Status: Some authorities have already complied, while others have not and do not intend to comply due to lack of legal basis or jurisdictional reasons.
• Role of Competent Authorities: The table highlights which authorities are responsible for overseeing compliance and their respective roles in relation to manufacturers and distributors of retail banking products.
• EEA-EFTA States: These states are not legally required to notify compliance with EBA Guidelines but have provided voluntary information.
• Special Notes: If a competent authority continues to intend to comply after the application date, it is considered "non-compliant" unless certain exceptions apply.

Key Information Overview

Member States

EEA-EFTA States

European Territories under Article 355(3) TFEU

Notes

• Voluntary Notification: EEA states not in the EU are not required to notify compliance with EBA Guidelines, and the information is provided voluntarily.
• Compliance Definition: If a competent authority continues to intend to comply after the application date, it is deemed "non-compliant" unless exceptions apply.
• Accuracy Disclaimer: The EBA cannot be held responsible for the accuracy of the information provided by the competent authorities.

Conclusion

The EBA Guidelines on POG for retail banking products are largely intended to be implemented by competent authorities across the EEA by 03.01.2017, with some exceptions and variations in compliance status. The table serves as a reference for the current status of compliance, highlighting the need for legislative alignment and the roles of different supervisory bodies.