31. Competent authorities should pay attention that back-to-back booking practices or intragroup …

Competent authorities should pay attention that back-to-back booking practices or intragroup operations – where envisaged – are not planned to an extent to deprive the TCB of the purpose and rationale of its presence in the relevant Member State, turning them into ‘empty shells’ that circumvent legal and regulatory requirements. This assessment should also focus on the consistency of such practices with risk management requirements, and the extent of revenue dependence.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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  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.