Corporates cheer carve-out from shadow bank label

EBA guidelines dispel fears of limited credit lines to non-financial firms

Non-financial groups are exempt from shadow banking classification

Non-financial companies have welcomed final guidelines from the European Banking Authority (EBA) that exempt them from being classed as shadow banks – a tag they feared would limit their access to bank funding.

Under the EBA's draft rules on banks' exposures to shadow banking entities, published in March 2015, most firms that engage in "bank-like" activities and are not already subject to prudential regulation would be deemed shadow banks. The final guidelines, released in December, introduce an

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here