EBA consults on revised Guidelines on internal governance

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EBA Launches Public Consultation on Revised Internal Governance Guidelines

The European Banking Authority (EBA) has opened a public consultation on updates to its Guidelines on internal governance. These changes reflect new rules under CRD V and the Investment Firms Directive (IFD) and aim to strengthen how banks and investment firms are managed.

Key updates include:

Clearer rules to prevent money laundering and terrorist financing as part of sound risk management.
New guidance on loans and transactions involving management body members and their related parties to avoid conflicts of interest.
Recommendations to ensure a gender-neutral remuneration policy and promote equal opportunities for all staff.

The consultation is open until 31 October 2020.
A public hearing will be held online on 1 October 2020, 14:00–16:00 CET.

Comments can be submitted via the EBA website.

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CP on Guidelines on internal governance under CRD

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https://www.eba.europa.eu/publications-and-media/press-releases/eba-launches-consultation-revise-its-guidelines-internal

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