EBA launches public consultation on identification of shadow banking entities
The European Banking Authority (EBA) has launched a public consultation on draft regulatory technical standards (RTS) setting out criteria for the identification of shadow banking entities for the purposes of reporting large exposures.
EBA has a mandate to develop draft RTS to specify such criteria under Article 394(4) of the Capital Requirements Regulation (CRR). EBA excludes the following from being classified as shadow banking entities: all entities that carry out banking activities or services which have been authorised and are supervised in accordance with the applicable regulatory framework, including those who are exempted or excluded.
A contrario sensu, all other entities that provide banking activities and servic