The European Banking Authority (EBA) today published its final Guidelines on Supervisory Independence under the Capital Requirements Directive (CRD). These Guidelines clarify arrangements for competent authorities to prevent and manage conflicts of interest. This involves both their staff and members of their governance bodies.
The European Banking Authority (EBA) today published its final Guidelines on Supervisory Independence under the Capital Requirements Directive (CRD). These Guidelines clarify arrangements for competent authorities to prevent and manage conflicts of interest. This involves both their staff and members of their governance bodies.
Such arrangements include declarations of interest, limitations on trading of financial instruments, and cooling-off restrictions. This ensures robust oversight and maintains the integrity of the supervisory process.
