EBA: Provision of services from third countries
This report, compiled with the assistance of ESMA and EIOPA, sets out a quantitative analysis of the available supervisory data concerning the core banking services provided from third country undertakings to EU financial services entities. It did not provide evidence to recommend the amendment of the new Article 21c of CRD, which identifies how core banking services should be provided in a Member State. However, EBA suggests that a clarification of the interaction between Article 21c of the CRD and other sectorial legislations could be beneficial to authorities and market participants.