+Guidelines on authorisation of third-country branches (EBA/GL/2026/08)
---+1. Compliance and reporting obligations
------+Status of these Guidelines
------+Reporting requirements
---+Subject matter, scope and definitions
------+Subject matter
------+Scope of application
------+Addressees
------+Definitions
---+5. Implementation
------+Date of application
---+Part I: List of information for authorisation of third-country branches under CRD
------+1. Information about the identity of the applicant head undertaking and its group
---------+1. The application for authorisation to establish a TCB should include the following information on …
---------+2. The application for authorisation should contain the following information on the head …
---------+3. The application should indicate whether, based on the criteria set out in Article 48a(1) and (2) …
------+2. Programme of operations of the TCB: business plan
---------+4. The application should contain a business plan for the three years following access to the …
------+3. Programme of operations: internal governance and risk management of the TCB
---------+5. In relation to the internal governance and internal controls of the TCB, the application should …
------+4. Programme of operations: information on AML/CFT requirements
---------+6. In order to determine whether there are reasonable grounds to suspect that the TCB would be used …
------+5. Capital endowment
---------+7. The application should contain information on the capital endowment requirement, including the …
------+6. Liquidity requirements
---------+8. The application should include the following information in relation to the liquidity …
------+7. Programme of operations: information on the booking arrangements
---------+9. In relation to the booking requirements of the TCB, the information to be provided for the …
------+8. Exemption from the submission of information
---------+10. Where the applicant head undertaking has submitted an application for authorisation for the …
---------+11. The information obtained from other competent authorities should not affect the power of the …
---+Part II: Assessment methodology
------+1. General principles
---------+12. Competent authorities should review the information and documents submitted with the …
---------+13. Competent authorities should review the application also in order to assess the indicated …
---------+14. The authorisation can only be granted when the competent authority, having reviewed and …
------+2. Review of the information and documents on the applicant head undertaking and its group
---------+15. Competent authorities should review the information and documents relating to the applicant …
---------+16. For this purpose, competent authorities should take the necessary steps to gain a full …
---------+17. Competent authorities should be able to access all the necessary information on the applicant …
---------+18. Competent authorities should satisfy themselves that there is no legal impediment for the TCB …
------+3. Assessment of the programme of operations
---------+19. Competent authorities should carry out a qualitative review of the business plan, to gain an …
---------+20. Competent authorities should verify that the envisaged activities are only targeted to clients …
---------+21. Competent authorities should identify the non-core and core business lines, the typology of …
---------+22. With regard to key external factors and the business environment, competent authorities should …
---------+23. With regard to the key internal factors, competent authorities should understand success …
---------+24. Competent authorities should review the financial forecasts to assess whether they match the …
---------+25. The competent authority should also review whether there is a clear plan towards implementation …
---------+26. To assess the financial forecasts, competent authorities should at least: a) perform a …
---------+27. The competent authority’s assessment of the business plan should not enter into the merits of …
---------+4. Assessment of internal governance and risk management framework of the TCB
------------+28. Competent authorities should assess the applicant’s internal governance arrangements, based on …
------------+29. Competent authorities should assess the suitability of the at least two persons effectively …
------------+30. As part of the review of the internal governance arrangements, having regard in particular to …
------------+31. Competent authorities should pay attention that back-to-back booking practices or intragroup …
------------+32. Competent authorities should assess, where relevant, the applicant’s third -party arrangements …
---------+5. Assessment of AML/CFT requirements applicable to the TCB
------------+33. When assessing whether there are reasonable grounds to suspect if the TCB would be used to …
------------+34. Competent authorities should consult the AML/CFT competent authority in accordance with Article …
------------+35. When assessing the above AML/CFT related policies and procedures, competent authorities should …
---------+5. 6. Assessment of the minimum capital endowment requirement
------------+36. Competent authorities should ensure that the envisaged TCB will hold at authorisation the …
------------+37. Competent authorities should satisfy themselves of the eligibility of the instruments composing …
------------+38. For this purpose, competent authorities should also review the draft contract(s) to deposit the …
------------+39. Competent authorities should review that the origin of the instruments is legitimate and that …
------------+40. Competent authorities should verify that the applicant head undertaking has deposited the …
---------+7. Assessment of the liquidity requirement
------------+41. Competent authorities should achieve a clear view on the funding needs of the TCB’s business …
------------+42. The review should also focus on the liability structure, having regard to the different sources …
------------+43. Competent authorities should assess whether the planned cross-border intra-group funding …
------------+44. Competent authorities should achieve a clear view on the liquidity profile and the liability …
------------+45. Where, based on the competent authorities’ review of the application against the elements …
------------+46. With regard to the liability structure, competent authorities should assess the different …
------------+47. Competent authorities should verify that the assets to meet liquidity requirements are …
------------+48. Competent authorities should verify that the liquid assets are or will be deposited with a …
------------+49. Subject to the outcome of the assessment on whether the envisaged TCB will meet the conditions …
------------+50. Consistently with the proportionality, competent authorities should assess the envisaged TCB …
------------+51. In order to assess the overall preparedness to withstand liquidity stress, the competent …
---------+8. Assessment of the booking arrangements of the TCB
------------+52. Competent authorities should satisfy themselves that the TCB has put in place adequate …
------------+53. Competent authorities should assess the adequacy and completeness of the policies, processes …
------------+54. Competent authorities should satisfy themselves that such policy outlines the booking and …
------------+55. Competent authorities should verify that the booking arrangements set out in the policy are …
------------+56. In relation to back-to-back arrangements, competent authorities should verify that the policy …
------------+57. Competent authorities should verify that the policy has been approved by the governing body of …
---+Part III Procedural elements
------+1. Process
---------+58. Upon receipt of an application for authorisation to establish a TCB, competent authorities …
---------+59. Competent authorities should satisfy themselves that the notification is complete with all …
---------+60. Upon an application being assessed as complete, following the receipt of the last piece of …
---------+61. In case of changes in the information submitted with the application, the applicant head …
---------+62. The competent authority should inform the applicant head undertaking of the relevant milestones …
---------+63. Competent authorities should finalise the assessment within 6 months from the start of the …
---------+64. Competent authorities should consult and exchange information with the third-country competent …
---------+65. Where the statement of non-opposition by the third-country competent authority(ies) set out in …
---------+66. The consultation between competent authorities and AML/CFT competent authority of the Member …
---------+67. Considering the complexity of the application due to the different applicable laws, applicant …
---------+branch in [ name of the Member State ]
 English - European Union - Financial Industry -

Guidelines on authorisation of third-country branches (EBA/GL/2026/08)

Guidelines on authorisation of third-country branches (EBA/GL/2026/08)

https://www.eba.europa.eu/activities/single-rulebook/regulatory-activities/market-access/guidelines-authorisation-third-country-branches – PDF

1. Overview

,
1. Compliance and reporting obligations

1. Compliance and reporting obligations
Subject matter, scope and definitions

Subject matter, scope and definitions
5. Implementation

5. Implementation
Part I: List of information for authorisation of third-country branches under CRD

Part I: List of information for authorisation of third-country branches under CRD
Part II: Assessment methodology

Part II: Assessment methodology
Part III Procedural elements

Part III Procedural elements

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.