EBA欧洲银行研究报告-EBA-Communication-on-Brexit_4页_184kb.pdfVIP

用户上传 更多免费报告请查看研报客 08 October 2019 Communication of the European Banking Authority on the UK withdrawal from the EU Introduction Further to its previous Opinions and Communication1 on financial institutions preparedness for the United Kingdom’s (UK) withdrawal from the European Union (EU), the European Banking Authority (EBA) today urges continued progress on contingency planning. Whilst significant progress has been made in the implementation of contingency plans for the event that the UK withdraws from the EU without a ratified withdrawal agreement on 1 November 20192, financial entities and competent authorities must guard against complacency in their preparations. Notably, effective contingency planning efforts must continue, to ensure that assets, appropriate staff and data are in place to support relevant authorisations and to ensure that adequate customer communications are made. Background On 29 March 2017, the UK notified the European Council of its intention to withdraw from the EU pursuant to Article 50 of the Treaty on European Union. The UK’s decision to withdraw from the EU includes the UK leaving the Single Market. Several UK-based financial services firms provide regulated financial services in other Member States of the EU, which to continue will need to be undertaken by using establishments that were already present in the remaining Member States (‘EU27’) or are recently authorised in the EU27. The EBAs October 2017 and June 2018 Opinions focused on the risks posed by the seeming lack of adequate contingency preparations by financial institutions