EBA finalises RTS on investment firm capital: EBA has finalised and submitted to the Commission its draft regulatory technical standards (RTS) on own funds requirements for investment firms based on fixed overheads. This method for calculating capital requirements is available to investment firms with limited authorisation to provide investment services and to managers of UCITS and alternative investment funds (AIFs). The RTS introduce a subtractive approach to calculating fixed overhead costs, harmonise the conditions for adjusting requirements where there has been a material change and confirm the inclusion of tied agents in the calculation. (Source: EBA Finalises RTS on Investment Firms' Capital)

EBA recommends use of LEI: EBA has issued a Recommendation to national authorities urging them to request all credit and financial institutions under their supervisory remit to obtain a pre-LEI (Legal Entity Identifier) code. (Source: EBA Recommends Use of LEI)

EBA updates Single Rulebook Q&A: EBA has included new final answers in its Q&A for the new Capital Requirements Directive (CRD 4) and Regulation (CRR) and related technical standards and guidelines. (Source: Single Rulebook Q&A)