17. Competent authorities should be able to access all the necessary information on the applicant …

Competent authorities should be able to access all the necessary information on the applicant, intermediate and ultimate head undertaking from the supervisory authorities of that head undertaking and to effectively coordinate its supervisory activities with those of the third-country supervisory authorities.

In order to assess that the applicant, intermediate and ultimate parent head undertaking, as applicable, does not incur in any of the circumstance set out in Article 48d(1), point (b) of CRD, competent authorities should in particular satisfy themselves that, based on the review of the application:

• (a) t he head undertakings shall be capable to finance the operations of the TCB and maintain a sound financial structure.
• (b) there is no reasonable ground to conclude that the head undertaking is likely to face financial difficulties and breach the applicable prudential requirements within the following 12 months.

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.