The European Banking Authority published its final draft Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) on information exchange between home and host competent authorities regarding branches and service providers. The draft Technical Standards do not introduce any direct reporting requirements, but propose a structured and consistent process in the provision of key supervisory information across the EU.

The standards specify the information that competent authorities shall exchange with each other according to Article 50 of CRD and cover the following areas: management and ownership; liquidity and supervisory findings; solvency; deposit guarantee schemes; limitation of large exposures; internal control mechanisms.

The final standards have been sent to the European Commission for their adoption as EU Regulations that will be directly applicable throughout the EU.