The European Banking Authority has updated its confidential report on equivalence monitoring activities, submitted it to the European Parliament, the Council, the European Commission and the other European Supervisory Authorities, and published a public summary of recent regulatory and supervisory developments in 26 non-EU jurisdictions deemed equivalent under the Capital Requirements Regulation. The updated report compiles factual information on regulatory and supervisory changes, flags areas that may require continued monitoring, and checks that the criteria supporting existing equivalence decisions continue to be met. The public summary describes the EBA’s monitoring methodology, scope, parameters and inherent limitations, and notes that any follow-up will depend on the number and significance of material findings identified for each jurisdiction. The monitoring mandate is based on Article 33(3) of the EBA’s founding Regulation, covering jurisdictions that benefit from European Commission equivalence decisions under the Capital Requirements Regulation.
European Banking Authority 2025-12-18
European Banking Authority updates equivalence monitoring report and publishes public summary covering 26 equivalent non-EU jurisdictions
The European Banking Authority (EBA) updated its confidential report on equivalence monitoring, submitting it to key EU institutions and publishing a public summary on regulatory developments in 26 non-EU jurisdictions under the Capital Requirements Regulation. The report highlights regulatory changes, areas for continued monitoring, and confirms criteria for existing equivalence decisions. The public summary outlines the EBA’s monitoring methodology and notes that follow-up actions depend on the significance of findings in each jurisdiction.