On June 2, 2015, the European Banking Authority published a questionnaire on the assessment of third country equivalence with the regulatory and supervisory framework under the Capital Requirements Directive IV package. The questionnaire aims to assess whether third countries apply regulatory and supervisory provisions equivalent to those in the EU framework. The questionnaire will be sent to certain third countries so that the regimes of those countries can be assessed. For third countries that are deemed to be equivalent, more favorable treatment in terms of capital requirements could be available for EU credit institutions with relevant exposures to entities located in these countries, though only after the European Commission adopts an Implementing Decision determining the equivalence of the third country’s prudential supervisory and regulatory requirements.
The questionnaire is available at: http://www.eba.europa.eu/documents/10180/1094990/Annex+I+- +EBA+questionnaire+on+regulatory+equivalence_publication.pdf.