Home / Corporate Crime

Legal News

EBA issues guidelines on unwarranted de-risking

Copyright © 2025 LexisNexis

Published on: 31 March 2023

Published by LNB News

LNB News 31/03/2023

Document Information

Issue Date: 31 March 2023

Published Date: 31 March 2023

Jurisdiction(s): United Kingdom and Ireland

Article summary

The European Banking Authority (EBA) has published new guidelines on unwarranted de-risking, to ensure customers are not denied access to financial products on unsubstantiated anti-money laundering and countering the financing of terrorism (AML/CTF) grounds or without valid reason. The guidelines aim to promote a common understanding by institutions and AML/CFT supervisors of effective risk management practices in situations where access by customers to financial products and services should be safeguarded, in particular for the most vulnerable ones.

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a