Europejski Urząd Nadzoru Bankowego, Raport dotyczący depozytów strukturyzowanych

EBA/REP/2024/17

JULY 2024

REPORT ON STRUCTURED DEPOSITS

Executive summary

Articles 39(2) and 41(1) of the Market for Financial Instruments Regulation mandate the European Banking Authority (EBA) to monitor the market for structured deposits (SDs) and to temporarily prohibit or restrict the marketing, distribution or sale of SDs. In addition, the European Commission has requested that the EBA issues recurrent reports on the cost and past performance of SDs. With this report, the EBA fulfils this mandate and request.

Based on the input provided by NCAs, the report confirms an observation the EBA had made already previously, which is that robust data on national markets for SDs is difficult to obtain, due to the specific characteristics of SDs. Contrary to most financial instruments, which, once issued, continue to be available to investors and can be traded, SDs are contracts between the provider and the depositor that are non-transferable. SDs are therefore generally less liquid, and...