On 26 July 2016 the EBA introduced a consultation on its draft Guidelines on the treatment of connected clients for large exposures. This draft represents an update of the ‘Guidelines on the implementation of the revised large exposures regime' issued by the Committee of European Banking Supervisors (CEBS) in 2009. The draft elaborates on both the element of control and element of economic dependency which are necessary for the assessment of connected clients. The consultation runs until 26 October 2016.
13-9-2016
Aktualization June 2017
On 25 May 2017 the European Banking Authority (EBA) launched a one-month consultation focusing on the scope of its draft Guidelines on connected clients which were already consulted with the public in July – October 2016. The focus in the new consultation is on the extension of the scope of the ‘group of connected clients' concept besides the large exposure regime also to the other aspects of the Capital Requirements Regulation (CRR). They include e.g. the categorisation of clients in the retail exposure class for the purposes of credit risk, the development and application of rating systems, the specification of items requiring stable funding for the purposes of reporting, and the application of the SME supporting factor. The concept is also used in the EBA technical standards, and the other EBA guidelines. The consultation shall run until 26 June 2017.