EBA · 2022_6344 Rejected question

language versions

Regulation
Directive 2013/36/EU (CRD)
Article
74
Topic
Internal governance
Submitted by
Other
Submitted
2022-01-21
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Question

In case of discrepancies between text of English version of EBA Guidelines on outsourcing arrangements and its other language versions published on EBA website, which version should prevail - English or local one?

Background

Polish language version is burdened with tremendous error in paragraph 7 which might suggest, that investment firms are exempt from applying  EBA Guidelines on outsourcing arrangements, which may cause regulatory arbitrage
No answer published yet.

Original source: European Banking Authority, Q&A ID 2022_6344

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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