EBA欧洲银行-EBA-GL-2014-05-Compliance-Table-Guidelines-on-Significant-Credit-Risk-Transfer_6页_229kb

EBA/GL/2014/05 Compliance Summary

Core Content

The document provides a compliance table detailing the status of adherence by competent authorities from various European countries to the EBA Guidelines – EBA/GL/2014/05 on Guidelines on Significant Credit Risk Transfer, which were published on 7th July 2014 and updated on 9th October 2015.

Compliance Status by Member State

Main Points and Key Information

• Guidelines Overview: The EBA Guidelines (EBA/GL/2014/05) focus on Significant Credit Risk Transfer and aim to ensure consistency and clarity in the application of regulatory requirements across the European Union.
• Compliance Requirement: Article 16(3) of the EBA Regulation mandates that national competent authorities must inform the EBA whether they comply or intend to comply with the guidelines. If they do not, they must provide reasons.
• Compliance Status:
  • Most competent authorities from the EU and EEA-EFTA states comply or intend to comply with the guidelines.
  • Croatia and Slovakia are exceptions: Croatia does not comply due to a lack of securitisation activity, while Slovakia has not provided a response.
  • Iceland has a partial compliance status due to constitutional constraints preventing the implementation of EBA regulations.
• Legal Context: The compliance of competent authorities is based on their national legal frameworks and the extent to which they have implemented EU regulations, such as the CRD IV/CRR legislation.
• Responsibility: The EBA does not take responsibility for the accuracy of the information provided by competent authorities and advises users to contact the relevant authority for further details.

Conclusion

The compliance table highlights that the majority of competent authorities across the EU and EEA-EFTA states have either complied or intend to comply with the EBA Guidelines on Significant Credit Risk Transfer. However, some countries, such as Croatia, Iceland, and Slovakia, have specific challenges or have not yet provided a response. The EBA emphasizes that the information is provided by the competent authorities and encourages direct communication for the most up-to-date and accurate information.