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CRD 4: ITS on reporting to EBA and competent authorities published in Official Journal

Tuesday 06 December 2016 Clifford Chance

A Commission Implementing Regulation (2016/2070) laying down implementing technical standards (ITS) for templates, definitions and IT-solutions to be used by institutions when reporting to the European Banking Authority (EBA) and to competent authorities in accordance with Article 78(2) of the Capital Requirements Directive (CRD 4) has been published in the Official Journal.

The ITS will enter into force on 22 December 2016.