October 29 2020
Comments Draft Guidelines specifying the conditions for the application of the alternative treatment of institutions’ exposures
The European Banking Authority (EBA) has issued draft guidelines on conditions for the application of the alternative treatment of institutions' exposures related to tri-party repurchase agreements. The German Banking Industry Committee (GBIC) has made a first assessment in a statement. It criticizes that the impact of the proposed procedure would be negative on the secured business, its liquidity and market depth.