The FIN-FSA recommends that the entities falling within the scope of application of the guidelines comply with the above mentioned EBA Guidelines.
The revised EBA Guidelines reflect developments in the Basel Committee on Banking Supervision and clarify internal governance and supervisory outlier test requirements during the first phase of the European implementation of the Basel standards. The revisions are, therefore, intended to act as a bridge to the future requirements, which will be incorporated in the CRD V / CRR2 framework.
The FIN-FSA has informed EBA that it will observe the Guidelines as of 30 June 2019.
For further information, please contact
Marjo Risku, Senior Risk Specialist, tel. +358 9 183 5275 or email marjo.risku(at)fiva.fi.