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ARTICLE · 20 AUGUST 2018

European Banking Authority Publishes Final Revised Pillar 2 Guidelines

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The revised SREP Guidelines and the stress testing Guidelines will apply from January 1, 2019.

European UnionFinance and Banking
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On July 20, 2018, following a consultation between October 2017 and January 2018 on a package of revisions to certain of its Guidelines, the EBA published three final reports and revised Guidelines aimed at strengthening the Pillar 2 framework.

The revised Guidelines have been prepared in line with the EBA's April 2017 Roadmap for revisions of the Pillar 2 framework, to keep the SREP Guidelines that were published in December 2014 (and in force from January 2016) up to date with respect to the EU and international standards. The EBA also aims to promote best supervisory practices and address issues identified in the EBA's ongoing work on assessment of supervisory convergence. The three final reports cover:

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