The European Banking Authority (EBA) launched a consultation on draft Guidelines on the supervisory independence of competent authorities under the Capital Requirements Directive (CRD), aimed at clarifying how authorities should prevent and manage conflicts of interest and related risks to supervisory independence. The draft Guidelines address aspects of appointing members of competent authorities’ management bodies, including how to calculate the 14-year limit on their term of office. They also seek to harmonise conflict-of-interest safeguards for staff and governance body members, covering declarations of interest, limits on trading in financial instruments, arrangements for the sale or disposal of those instruments, and cooling-off restrictions. The consultation closes on 23 January 2026. A virtual public hearing is scheduled for 3 December (14:30 to 16:00 Paris time), with registration open until 28 November (16:00 CET).
European Banking Authority 2025-11-12
European Banking Authority launches consultation on Guidelines for supervisory independence and conflicts of interest under the Capital Requirements Directive
The European Banking Authority launched a consultation on draft Guidelines to enhance supervisory independence under the Capital Requirements Directive. The Guidelines focus on managing conflicts of interest, term limits for management bodies, and harmonising safeguards for staff and governance members.