Among other updates, new sections on the Digital Operations Resilience Act (DORA), Guidelines on Outsourcing, and the Cyber Risk Institute Profile were added to the Cyber Regulation E-Repository. The e-repository provides EBA members with easily digestible recaps of relevant cyber regulations and can be accessed here.

The Euro Banking Association (EBA) released recommendations on data verification for corporate-to-bank KYC in low-risk situations. Issued as a follow-up on its EBA Common Baseline Classification Standard (CBCS) released in April 2022, this new publication proposes a harmonised approach to corporate data collection and verification in know-your-customer (KYC) processes.

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Download EBA CBCS – Data Verification for Corporate-to-Bank KYC in low-risk situations

Download EBA CBCS – Common Baseline Classification Standard for Corporate-to-Bank KYC in low-risk situations, version 2.0