Third-Country Equivalence in EU Banking Legislation
Briefing
12-07-2017
This briefings prepared by the Economic Governance Support Unit focuses on the concept of equivalence in EU banking legislation and notably on the difference between “passporting” rights and “third-country equivalence” rights. It gives an overview of existing equivalence clauses in some key EU banking and financial legislation and of equivalence decisions adopted by the European Commission to date. The briefing may be updated pending new developments.
Briefing
About this document
Publication type
Keyword
- banking supervision
- cooperation policy
- credit institution
- employment
- EMPLOYMENT AND WORKING CONDITIONS
- EU institutions and European civil service
- European Banking Authority
- European construction
- European Insurance and Occupational Pensions Authority
- European Securities and Markets Authority
- EUROPEAN UNION
- European Union law
- FINANCE
- financial institutions and credit
- freedom to provide services
- harmonisation of standards
- insurance
- insurance company
- INTERNATIONAL RELATIONS
- mutual recognition principle
- PRODUCTION, TECHNOLOGY AND RESEARCH
- single market
- technology and technical regulations
- third country