Resources › EU Financial Regulatory Q&A Database EU Financial Regulatory Q&A Database Official Q&As published by EBA, ESMA, EIOPA and the ESA Joint Committee. Non-binding but treated
as authoritative guidance by national competent authorities across the EU.
Final — published answerArchive — superseded (EBA only)Pending — awaiting answerRejected — out of scope or duplicate
All regulations Alternative Investment Fund Managers Directive (AIFMD) Directive 2011/61/EU Benchmarks Regulation (BMR) - Regulation 2016/1011 Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR Credit Rating Agencies Regulation (CRAR) Regulation (EC) No 1060/2009 Directive 2002/87/EC (FiCOD) Directive 2009/110/EC (EMD) Directive 2013/36/EU (CRD) Directive 2014/17/EU (MCD) Directive 2014/49/EU (DGSD) Directive 2014/59/EU (BRRD) Directive 2014/65/EU - Markets in Financial Instruments Directive (MiFID II) Directive 2014/92/EU (PAD) Directive 2015/2366/EU (PSD2) Directive 2022/2556/EU (DORA Dir) Directive (EU) 2015/849 (AMLD) Directive (EU) 2019/2034 (IFD) EIOPA-BoS/18-114 - Information request towards NCAs regarding provision of occupational pensions information EIOPA-BoS-23-030 - Regular information requests regarding provision of occupational pensions information EMIR ESGR - Regulation (EU) 2024/3005 (EU) 2016/2341 - IORP II Directive (EU) 2016/2341 - IORP II Directive, (EU) No 2016/97 - Insurance Distribution Directive (EU) 2016/2341 - IORP II Directive, Other (EU) 2017/653 - PRIIPs Delegated Regulation for key information document (EU) 2017/653 - PRIIPs Delegated Regulation for key information document, (EU) No 1286/2014 - PRIIPs Regulation (EU) 2019/1238 - Pan-European Personal Pension Product (PEPP) (EU) 2019/1238 - Pan-European Personal Pension Product (PEPP), (EU) 2022/2454 - ITS with regard to supervisory reporting of risk concentrations and intra-group transactions (FICOD, (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision, EIOPA-BoS-23-030 - Regular information requests regarding provision of occupational pensions information (EU) 2019/2088 - SFDR (EU) 2020/852 - Taxonomy Regulation (EU) 2022/2454 - ITS with regard to supervisory reporting of risk concentrations and intra-group transactions (FICOD (EU) 2022/2454 - ITS with regard to supervisory reporting of risk concentrations and intra-group transactions (FICOD, (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision (EU) 2022/2554 - Digital Operational Resilience Act (DORA) (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision, (EU) 2023/895 - ITS for the disclosure of solvency and financial condition report (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision, (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision, Other (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision, Revised Guidelines on Contract Boundaries, Guidelines on contract boundaries (EU) 2023/895 - ITS for the disclosure of solvency and financial condition report EU Green Bond Regulation (EU) 2023/2361 (EU) No 1286/2014 - PRIIPs Regulation (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) (EU) No 2015/2011 - lists of regional governments & local authorities, exposures to be treated as to central government (EU) No 2015/2013 - standard deviations in relation to health risk equalisation systems (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities, (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities, Guidelines on reporting and public disclosure (EU) No 2015/2451 - templates and structure of the disclosure of specific information by supervisory authorities (EU) No 2015/2451 - templates and structure of the disclosure of specific information by supervisory authorities, (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) (EU) No 2015/2452 - procedures, formats and templates of the solvency and financial condition report (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), (EU) No 2015/2011 - lists of regional governments & local authorities, exposures to be treated as to central government (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities, (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on application of outwards reinsurance (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on contract boundaries (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on group solvency (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on implementation of the long-term guarantee measures (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on look-through approach (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on methodology for equivalence assessments by national supervisory authorities under Solvency II (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on recognition and valuation of assets and liabilities other than technical provisions (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on valuation of technical provisions (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on valuation of technical provisions, (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Other (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Risk-Free Interest Rate - General questions (EU) No 2016/1800 - allocation of Credit Assessments of external CA institutions to objective scale of credit quality steps (EU) No 2016/97 - Insurance Distribution Directive (EU) No 2016/97 - Insurance Distribution Directive, (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) (EU) No 2017/1469 - standardised presentation format for the insurance product information document (EU) No 2017/1469 - standardised presentation format for the insurance product information document, Guidelines on classification of own funds (EU) No 2017/2358 - product oversight and governance requirements for insurance (EU) No 2017/2358 - product oversight and governance requirements for insurance, (EU) No 2016/97 - Insurance Distribution Directive (EU) No 2017/2358 - product oversight and governance requirements for insurance, Preparatory Guidelines on product oversight & governance arrangements by insurance undertakings & insurance distributors, (EU) No 2016/97 - Insurance Distribution Directive (EU) No 2017/2359 - info requirements and conduct of business rules applicable European Long-Term Investment Funds Regulation (ELTIF) Regulation (EU) 2015/760 European Market Infrastructure Regulation (EMIR) Regulation (EU) No 648/2012- MDP European Market Infrastructure Regulation (EMIR) Regulation (EU) No 648/2012- PTR- Derivatives European Social Entrepreneurship Funds Regulation (EuSEF) Regulation (EU) No 346/2013 European Venture Capital Regulation (EuVECA) Regulation (EU) No 345/2013 Guidelines on application of life underwriting risk module Guidelines on application of outwards reinsurance Guidelines on basis risk Guidelines on classification of own funds Guidelines on classification of own funds, (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) Guidelines on contract boundaries Guidelines on financial stability reporting Guidelines on financial stability reporting, Guidelines on reporting for financial stability purposes Guidelines on group solvency Guidelines on health catastrophe risk sub-module Guidelines on look-through approach Guidelines on loss-absorbing capacity of technical provisions and deferred taxes Guidelines on own risk and solvency assessment Guidelines on recognition and valuation of assets and liabilities other than technical provisions Guidelines on reporting and public disclosure Guidelines on reporting for financial stability purposes Guidelines on ring-fenced funds Guidelines on submission of information to NCAs (Preparatory phase) Guidelines on supervision of branches of third-country insurance undertakings Guidelines on supervisory review process Guidelines on system of governance Guidelines on the Forward looking assessment of own risks Guidelines on treatment of related undertakings, including participations Guidelines on use of internal models Guidelines on valuation of technical provisions Market Abuse Regulation (MAR) Regulation (EU) No 596/2014 - Market Intergrity Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Investor Protection and Intermediaries Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- MDP Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014 - Investor Protection and Intermediaries Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- MDP Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets MiCA Other Packaged Retail and Insurance-based Investment Products Regulation (PRIIPS) Regulation (EU) No 1286/2014 PRIIPs Prospectus Regulation 2017/1129 Regulation 2020/1503 - European crowdfunding service providers for business Regulation 2021/23 - recovery and resolution of central counterparties (CCPRRR) Regulation 648/2012 - OTC derivatives, central counterparties and trade repositories (EMIR) - CCPs Regulation (EU) 2015/847 (WTR) (recast) Regulation (EU) 2019/2088 - Sustainable Finance Disclosure Regulation (SFDR) Regulation (EU) 2022/2554 - The Digital Operational Resilience Act (DORA) Regulation (EU) 2022/858 - DLT Pilot Regime Regulation (DLTR) Regulation (EU) 2023/1113 (WTR II) Regulation (EU) 2024/886 (IPR) Regulation (EU) No 2017/2402 (SecReg) Regulation (EU) No 2019/2033 (IFR) Regulation (EU) No 2022/2554 (DORA Reg) Regulation (EU) No 2023/1114 (MiCAR) Regulation (EU) No 575/2013 (CRR) Regulation (EU) No 648/2012 (EMIR) Regulation (EU) No 909/2014 (CSDR) - only RTS 2017/390 Revised Guidelines on Contract Boundaries Revised Guidelines on valuation of technical provisions Revised Guidelines on valuation of technical provisions, (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) Revised Guidelines on valuation of technical provisions, (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) Risk-Free Interest Rate - Credit and currency adjustments Risk-Free Interest Rate - Deep, Liquid and Transparent maturities Risk-Free Interest Rate - Extrapolation Risk-Free Interest Rate - Extrapolation, Risk-Free Interest Rate - Financial market data Risk-Free Interest Rate - Extrapolation, Risk-Free Interest Rate - General questions, Risk-Free Interest Rate - VA calculations Risk-Free Interest Rate - Financial market data Risk-Free Interest Rate - General questions Risk-Free Interest Rate - Matching adjustment Risk-Free Interest Rate - Matching adjustment, (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) Risk-Free Interest Rate - VA calculations Risk-Free Interest Rate - VA calculations, Risk-Free Interest Rate - VA representative portfolios Risk-Free Interest Rate - VA representative portfolios Securities Financing Transactions Regulation (SFTR) Regulation (EU) 2015/2365- MDP Securitisation Regulation (EU) 2017/2402 SFDR Short Selling Regulation (SSR) Regulation (EU) No 236/2012 Symmetric adjustment of the equity capital charge Transparency Directive (TD) Directive 2004/109/EC Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Directive 2009/65/EC
7,005 Q&As · page 48 of 141
Clarification on formal decision
Directive 2014/59/EU (BRRD) · Art. 32, 32a, 33
EBA Final Q&A
Answered 2022-01-21
Stating in law that banks’ activities are always in the public interest
Directive 2014/59/EU (BRRD) · Art. 32
EBA Final Q&A
Answered 2022-01-21
Declaration of insolvency / bankruptcy
Directive 2014/59/EU (BRRD) · Art. 32, 32b
EBA Final Q&A
Answered 2022-01-21
Prohibition for institutions to enter into agreements with third country counterparties
Directive 2014/59/EU (BRRD) · Art. 17
EBA Final Q&A
Answered 2022-01-21
Inclusion of mixed-activity holding companies into group resolution plans
Directive 2014/59/EU (BRRD) · Art. 12
EBA Final Q&A
Answered 2022-01-21
Suspension of resolution plan updates
Directive 2014/59/EU (BRRD) · Art. 17
EBA Final Q&A
Answered 2022-01-21
Clarification on the scope of application to address or remove impediments to resolvability
Directive 2014/59/EU (BRRD) · Art. 17
EBA Final Q&A
Answered 2022-01-21
Clarification to the wording “joint decisions should be taken by national authorities concerned” in Recital 98
Directive 2014/59/EU (BRRD) · Art. Recital 98
EBA Final Q&A
Answered 2022-01-21
Scope of application of EBA guidelines on loan origination and monitoring
Directive 2013/36/EU (CRD) · Art. 74
EBA Final Q&A
Answered 2022-01-07
Group Solvency Requirement
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) · Art. 330
EIOPA
Answered 2022-01-07
Technical Provisions (TPs)
Guidelines on valuation of technical provisions · Art. Guideline 68
EIOPA
Answered 2022-01-07
Long Term Guarantees (LTGs)
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on implementation of the long-term guarantee measures · Art. Guideline 2; Article 38 of 2015/35 Delegated Regulation
EIOPA
Answered 2022-01-06
Solvency Capital Requirement (SCR)
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) · Art. 178
EIOPA
Answered 2022-01-06
Technical Provisions (TPs)
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on contract boundaries · Art. Article 18(3) of the Commission Delegated Regulation (EU) 2015/35
EIOPA
Answered 2022-01-06
Technical Provisions (TPs)
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance) · Art. Article 31 of the Delegated Regulation 2015/35; Article 78 of SII Directive 2009/138
EIOPA
Answered 2022-01-06
Cross-selling (Art. 24 IDD)
(EU) No 2016/97 - Insurance Distribution Directive · Art. Article 24
EIOPA
Answered 2022-01-05
Scope
Alternative Investment Fund Managers Directive (AIFMD) Directive 2011/61/EU
ESMA Answer Published
Answered 2021-12-17
Reinsurance
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on application of outwards reinsurance · Art. 121-124
EIOPA
Answered 2021-12-17
Solvency Capital Requirement (SCR)
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII), Guidelines on valuation of technical provisions · Art. Article 116(6) of the Delegated Regulation
EIOPA
Answered 2021-12-17
Association of personalised security credentials to the payment service user
Directive 2015/2366/EU (PSD2) · Art. 97
EBA Final Q&A
Answered 2021-12-17
Confirmation of Funds (CoF) request by a PISP in case of batch processing system
Directive 2015/2366/EU (PSD2) · Art. 65
EBA Final Q&A
Answered 2021-12-17
Reinsurance
Guidelines on application of outwards reinsurance · Art. Guideline 15
EIOPA
Answered 2021-12-17
Scope of “additional registrations” as obstacles in the sense of Article 32(3) Delegated Regulation (EU) 2018/389
Directive 2015/2366/EU (PSD2) · Art. 98
EBA Final Q&A
Answered 2021-12-17
Solvency Capital Requirement (SCR)
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) · Art. 116
EIOPA
Answered 2021-12-17
Maturity calculation under IRB for exposures that only have contractual cashflows in the form of fees
Regulation (EU) No 575/2013 (CRR) · Art. 162
EBA Final Q&A
Answered 2021-12-17
Treatment of cured defaulted exposures
Regulation (EU) No 575/2013 (CRR) · Art. 178
EBA Final Q&A
Answered 2021-12-17
Look-through application under IRB approach
Regulation (EU) No 575/2013 (CRR) · Art. 152
EBA Final Q&A
Answered 2021-12-17
Calculation of the collateral value of immovable property considering minimum level of over-collateralisation ratio
Regulation (EU) No 575/2013 (CRR) · Art. 125, 126, 230
EBA Final Q&A
Answered 2021-12-17
Definition of participation for the purposes of Article 18(7) CRR
Regulation (EU) No 575/2013 (CRR) · Art. 18
EBA Final Q&A
Answered 2021-12-17
Scope of applicability of the required method of prudential consolidation under the Article 18(7) CRR
Regulation (EU) No 575/2013 (CRR) · Art. 18
EBA Final Q&A
Answered 2021-12-17
Treatment of third country covered bonds under IRB Approach
Regulation (EU) No 575/2013 (CRR) · Art. 161
EBA Final Q&A
Answered 2021-12-17
Payers right to make use of payment initiation service providers for all types of payment transactions
Directive 2015/2366/EU (PSD2) · Art. 66
EBA Final Q&A
Answered 2021-12-17
Synthetic securitisatios
Regulation (EU) No 2017/2402 (SecReg) · Art. 2
EBA Final Q&A
Answered 2021-12-17
Applicability of the Guidelines of the Committee of European Banking Supervisors on Article 106(2)(c) and (d) of Directive 2006/48/EC (CRD)
Regulation (EU) No 575/2013 (CRR) · Art. 390
EBA Final Q&A
Answered 2021-12-17
Alternative strong customer authentication for citizens without mobile
Directive 2015/2366/EU (PSD2) · Art. 97 & 98
EBA Final Q&A
Answered 2021-12-17
Use of the “maturity of the tranche” (MT) as defined in Article 257 CRR as the “residual maturity” for purposes of the volatility adjustments for securitisation positions under Table 1 of Article 224(1) CRR.
Regulation (EU) No 575/2013 (CRR) · Art. 224
EBA Final Q&A
Answered 2021-12-17
Reinsurance
Guidelines on basis risk · Art. Guideline 3 - Insurance risk-mitigation techniques with no material basis risk
EIOPA
Answered 2021-12-17
2085
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII) · Art. Articles 140 (and 30)
EIOPA
Answered 2021-12-17
Use of short-term credit assessments with Article 120(2) CRR
Regulation (EU) No 575/2013 (CRR) · Art. 120
EBA Final Q&A
Answered 2021-12-17
Revocation / Invalidation of SCA proof before execution date
Directive 2015/2366/EU (PSD2) · Art. 74
EBA Final Q&A
Answered 2021-12-17
Home / host cooperation
Directive 2015/2366/EU (PSD2) · Art. 28
EBA Final Q&A
Answered 2021-12-17
In the case of subscription products, should manufacturer also modify the entry costs, if the market
conditions during the offering period increase the initial fair value and thus the entry costs are
PRIIPs
Joint Committee Final
Answered 2021-12-17
If the PRIIP is an AIF investing into linear products yet the leverage on investments changes
throughout time (therefore leverage factor is non-constant but underlying exposures are linear),
would thi
PRIIPs
Joint Committee Final
Answered 2021-12-17
Annex II, paragraph 10 of the Delegated Regulation shows sub intervals to use for funds with pricing
frequencies of daily, weekly or monthly, but not what to apply for those funds with other pricing
f
PRIIPs
Joint Committee Final
Answered 2021-12-17
In the case of subscription products, shall the manufacturer modify the cost figures each time the KID
is revised even if the revision is caused by a change in another element and his percentage varia
PRIIPs
Joint Committee Final
Answered 2021-12-17
The exchange as manufacturer may not know all the costs, since some costs are added by the broker.
In this situation is it acceptable for the exchange only to report the costs which relate to the prod
PRIIPs
Joint Committee Final
Answered 2021-12-17
How does Article 15(2)(c) of the Delegated Regulation regarding the review of the KID apply to the
different holding periods shown? If the mean return for the PRIIP's moderate performance scenario,
ex
PRIIPs
Joint Committee Final
Answered 2021-12-17
In the case of subscription products, could the manufacturer include a reference to the variation (+/-
Costs) due to variation in market conditions during the offering period?
PRIIPs
Joint Committee Final
Answered 2021-12-17
Settlement instructions sent by CCPs
Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR
ESMA Answer Published
Answered 2021-12-16
Participants' settlement efficiency
Central Securities Depositories Regulation (CSDR) Regulation (EU) No 909/2014- PTR- CSDR
ESMA Answer Published
Answered 2021-12-16
← Previous 1 46 47 48 49 50 141 Next → Source: EBA Single Rulebook Q&A , ESMA Q&A , EIOPA Q&A , ESA Joint Q&As . Updated weekly. Q&As are non-binding guidance.