The Euroepan Association of Co-operative Banks (EACB) welcomes the opportunity to comment on the EBA consultation on the revision of the Guidelines on internal governance under Directive 2013/36/EU. In particular in view of the Covid-19 crisis, the EACB members call for more time for application of the revised Guidelines. Moreover, the EACB would like to express concerns regarding the EBA’s mandate to set up a detailed framework for loans and other transactions with members of the management body and their related parties.
The voice of European
30 October 2020
EACB comments on revised Draft EBA Guidelines on internal governance under Directive 2013/36/EU