EBA issues Opinion on the design of a new prudential framework for investment firms

Investment Firms

Date: 06 October 2017

On 29 September 2017, the European Banking Authority (EBA) published its Opinion on the design and calibration of a new prudential framework for investment firms, which is specifically tailored to the needs of investment firms' different business models and inherent risks. The Opinion, which is available here includes a series of recommendations aiming to develop a single and harmonised set of requirements that are reasonably simple, proportionate and relevant to the nature of investment firms authorised to provide MiFID services and activities. 

More Information Link: https://www.eba.europa.eu/