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ARTICLE · 14 JANUARY 2015

Final Draft Regulatory And Implementing Technical Standards On Colleges Of Supervisors Under CRD IV

A&O Shearman
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On December 19, 2014, the EBA issued final draft RTS and ITS on the functioning of colleges of supervisors under CRD IV.

United StatesFinance and Banking

On December 19, 2014, the EBA issued final draft RTS and ITS on the functioning of colleges of supervisors under CRD IV. Colleges of supervisors are a framework for coordinating and performing supervisory duties in the EU banking sector. The draft RTS lay down the general requirements for the establishment and running of colleges of supervisors. The draft ITS establish procedures to facilitate the interaction and cooperation between supervisors and national competent authorities.

The final draft RTS and ITS are available at: http://www.eba.europa.eu/documents/10180/935300/EBA-RTS-2014- 16+and+EBA-ITS-2014- 07+%28Final+draft+RTS+and+ITS+on+Colleges+of+Supervisors%29.pdf

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