On Thursday 9 November, the European Banking Authority (EBA) published an opinion addressed to the European Parliament, Council and Commission, flagging up certain ambiguities in the CRD IV-CRR legislative package, which need to be put right in the framework of the current revision of the banking credentials (see EUROPE 11674).
The EBA's opinion first of all points out the ambiguity of certain definitions included in the CRR regulation on the capital requirements applicable to banks, which...