+45. Competent authorities should ensure that, for conducting the SREP, their organisational …

45. Competent authorities should ensure that, for conducting the SREP, their organisational …

Competent authorities should ensure that, for conducting the SREP, their organisational arrangements include at least the following:

  • a. a description of the roles and responsibilities of their supervisory staff with respect to performing the SREP, as well as the relevant reporting lines, in both normal and emergency situations;
  • b. arrangements for engaging with other relevant supervisors to seek their views and relevant inputs on specific matters that may have an impact on the SREP findings or scores to avoid duplication of work and to ensure consistency of assessment and of related supervisory measures;
  • c. procedures for documenting and recording findings and supervisory judgments;
  • d. arrangements for the approval of the findings and scores, as well as escalation procedures where there are dissenting views within the competent authority, in both normal and emergency situations;
  • e. arrangements for organising dialogue with the investment firm following the model of minimum engagement as stipulated in Section 2.4 to assess individual SREP elements; and
  • f. arrangements for consultations with an investment firm and communicating the outcomes of the SREP to the investment firm.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

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.