The European Banking Authority (EBA) announced, on Friday 16 December, the lifting, from January 2023, of its Guidelines that it adopted and updated to shed light on public support measures for the banking sector in the context of the Covid-19 pandemic (see EUROPE B12072A17).
“The progressive weaning of policy support is leading the path to normalisation and the return to pre-pandemic standards, while vigilance continues to be exercised”, the EBA said in a statement. In its view, the EU...