supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council by specifying the method for the determination of fees charged by the European Banking Authority for the validation of the pro forma models referred to in Article 11(3), fourth subparagraph, of that Regulation, and specifying the modalities of the payment of those fees
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 26d ago
This regulation sets out how the European Banking Authority (EBA) will charge fees for validating pro forma models. These models are used for specific financial reporting requirements under EU law.
This affects financial institutions that need to submit these models to the EBA for validation. It clarifies the payment process and the specific methods for calculating the fees.