+27. The consolidating supervisor and the home and host competent authorities should consider that a …

27. The consolidating supervisor and the home and host competent authorities should consider that a …

The consolidating supervisor and the home and host competent authorities should consider that a significant branch should be further assessed only if that branch is providing critical functions within the meaning of Directive 2014/59/EU on the basis of information from the (group) recovery or the (group) resolution plan, in the following areas:

  • (a) retail banking;
  • (b) corporate banking;
  • (c) payments, clearing, settlement;
  • (d) custody;
  • (e) intra-financial system borrowing and lending; or
  • (f) investment banking.

1. Overview

,
Summary Regulation

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/