Comments on EBA-Consultation "Draft Regulatory Technical Standards on own funds and eligible liabilities"

28 August 2020

GBIC has answered the EBA-Consultation on "Draft Regulatory Technical Standards on own funds and eligible liabilities". The comments sharply criticizing central points of the draft paper of the EBA. To be rejected are the application of the permission regime for eligible liabilities for institutions that can be wound up using normal insolvency proceedings, the undifferentiated equal treatment of the permission regime to own funds and eligible liabilities, the inclusion of  preferred senior and existing instruments as well as insufficient limits for insignificant (de minimis) amounts, to name only some of the items.

Cookie usage