CRD 4: EBA publishes guidance on internal governance

03/10/2017 | Clifford Chance

The EBA has published its revised guidelines on internal governance.

The guidelines are intended to further harmonise institutions' internal governance arrangements, processes and mechanisms across the EU, in line with the new requirements in this area introduced in CRD 4 and also taking into account the proportionality principle.

The guidelines will apply as of 30 June 2018 to competent authorities across the EU, as well as to institutions on an individual and consolidated basis.