+Article 131 7.

Article 131 7.

Before setting or resetting an O-SII buffer, the competent authority or the designated authority shall notify the ESRB one month before the publication of the decision referred to in paragraph 5 and shall notify the ESRB three months before the publication of the decision of the competent authority or the designated authority referred to in paragraph 5a. The ESRB shall forward such notifications to the Commission, to EBA and to the competent and designated authorities of the Member States concerned without delay. Such notifications shall set out in detail:

▼B

(a) 

the justification for why the O-SII buffer is considered likely to be effective and proportionate to mitigate the risk;

(b) 

an assessment of the likely positive or negative impact of the O-SII buffer on the internal market, based on information which is available to the Member State;

(c) 

the O-SII buffer rate that the Member State wishes to set.

1. Übersicht

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1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

Anforderungen

3. Zugehörige Standards

Standards