The European Banking Authority (EBA) has launched a consultation on its guidelines regarding the independence of supervisory authorities under the Capital Requirements Directive. The consultation runs until 23 January 2026.
The European Banking Authority (EBA) has launched a consultation on its Guidelines on supervisory independence of competent authorities under the Capital Requirements Directive (CRD).
The guidelines aim to address risks to supervisory independence that can impact sound supervision and governance. They clarify the arrangements that competent authorities should implement to prevent and manage conflicts of interest.
The draft guidelines specify rules regarding the appointment of management body members and clarify the calculation of the 14-year term limit. They also harmonize conflict of interest prevention measures, including declarations of interest, trading restrictions, sale or disposal of financial instruments, and cooling-off periods.
The consultation period ends on 23 January 2026. Comments can be submitted via the EBA consultation page by clicking the “send your comments” button.
The EBA will hold a virtual public hearing on 3 December from 14:30 to 16:00 Paris time. Interested stakeholders must register by 28 November (16:00 CET). Dial-in details will be provided to registrants.
All contributions received will be published after the consultation unless confidentiality is requested.
The guidelines are developed under Article 4a(9) of Directive 2013/36/EU, which mandates the EBA to issue guidelines to ensure independence and prevent conflicts of interest among competent authorities, aligned with international best practices.
