Article summary
The European Banking Authority (EBA) has published final guidelines on the criteria for the exemption of small and non-interconnected investment firms from the liquidity requirements in accordance with the EU Investment Firms Regulation (EU) 2019/2033 (EU IFR). The guidelines aim to ensure that all competent authorities granting this exemption follow the same harmonised approach, while preserving the EU IFR’s general objective of maintaining the prudential requirements proportional to the size and complexity of the smaller investment firms.
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