+18. After the branch has been designated significant in accordance with Article 51 of Directive …
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18. After the branch has been designated significant in accordance with Article 51 of Directive …
After the branch has been designated significant in accordance with Article 51 of Directive 2013/36/EU, the consolidating supervisor and the home competent authority should, without undue delay, update the mapping of the institution or the group. In particular, it should be noted in the mapping of the institution or the group whether the host competent authority participates in the relevant college as a member (significant branch) or as an observer (non-significant branch), as provided for in Article 4 of Commission Delegated Regulation (EU) 2016/98, and the list of the college’s members and observers should be updated accordingly.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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