32. It should be noted that contrary to the standard SREP procedure applied to cross-border banking …

It should be noted that contrary to the standard SREP procedure applied to cross-border banking groups and their entities (which pursuant to the SREP Guidelines requires discussion and coordination of the outcomes of the SREP assessment within the framework of colleges of supervisors prior to their finalisation), the competent authority upon considering assigning a score of ‘F’ to an institution, in line with Article 81 of Directive 2014/59/EU, should engage with the resolution authority following the procedure laid down in Article 32 of Directive 2014/59/EU without prior discussion or coordination within the supervisory college.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.