65. At a minimum, the consolidating supervisor and the home and host competent authorities should …

At a minimum, the consolidating supervisor and the home and host competent authorities should organise a joint annual meeting with the branch management, where possible attended also by the representatives of the senior management of the institution, to discuss the following:

• (a) the financial performance of the branch at year-end and any forecasts for the branch’s performance in the medium term;
• (b) the business strategy of the branch and how the branch will contribute to and implement the strategy of the institution;
• (c) the branch’s main activities and its relevant risks; and
• (d) the supervisory findings concerning the operations of the branch and actions taken or to be taken by the institution to remedy the relevant issues.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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