10/04/2020 - MNK Risk Consulting

Circular C379 (“the Circular”) dated 08.04.2020 regarding Population data collection by the EBA concerning the new prudential framework for investment firms (“IFs”)

10/04/2020adminRegulatory Developments

In light of the ‘New prudential framework for investment firms’, and the related Practical Guide issued by CySEC on March 6, 2020, the European Banking Authority (“EBA”) has a mandate to develop the ‘new’ reporting requirements for IFs, in terms of own funds, levels of minimum capital, concentration risk, liquidity requirements, level of activity in...

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Circular C379 (“the Circular”) dated 08.04.2020 regarding Population data collection by the EBA concerning the new prudential framework for investment firms (“IFs”)