78. The task allocation mechanism established within the college operational framework should be …

The task allocation mechanism established within the college operational framework should be deemed efficient and effective when it achieves the following objectives:

• (a) it avoids unnecessary duplication of tasks, optimises supervisory resources, employs all available intelligence and expertise, and removes unnecessary burdens on the supervised institutions;
• (b) it reflects supervisory expertise in terms of technical skills or knowledge of the local market, ensuring that each competent authority performs the tasks it is best placed to perform;
• (c) it reflects the manner in which a supervised entity that operates on a cross-border basis through significant-plus branches is organised and is proportionate to the nature, scale and complexity of the supervised entity concerned;
• (d) it is well suited to the supervision of an institution considering its management organisation (i.e. centralisation/decentralisation) and in terms of the organisation of its business lines.

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.