
The European Banking Authority (EBA) this week announced the launch of three public consultations focused on developing new regulatory technical standards and guidelines governing third-country branches operating within the European Union.
The consultations aim to harmonise the implementation of the updated EU framework for third-country branches, known as TCBs, which has been introduced under the amended Capital Requirements Directive.
The new regime is part of Directive (EU) 2024/1619, which updates