Invest Europe-PAE

Response to EBA Discussion Paper on the prudential treatment of investment firms

Positions & consultation responses

06 Feb 2017

The PAE responded to this Discussion Paper of the European Banking Authority, stressing that the approach taken by the EBA failed to recognise the prudential risk posed by private equity managers and advisers when they conduct MiFID activities and could significantly raise the capital and liquidity requirements they are currently subject to under CRR.