93. For non-complex investment firms and where financial projections are not available or not …

For non-complex investment firms and where financial projections are not available or not reliable, competent authorities may assess the sustainability of the investment firm’s strategy in a qualitative manner focusing on:

• a. the overall planned growth per significant business activities and potential impact of the business environment on the ability to realise the strategy;
• b. the potential misalignment between the investment firm’s long-term profit incentive and the interests of consumers and financial markets;
• c. the consistency of the investment firm’s strategy with its risk appetite.

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.