16. The competent authority should assess whether the breach of the limits of Article 395(1) of …

The competent authority should assess whether the breach of the limits of Article 395(1) of Regulation (EU) No 575/2013 by the institution is a rare event. The assessment should take into account any previous breaches of the institution due to the same cause, triggered by the same event or concerning the same client or group of connected clients.

1. Overview

1.1 References

• Article 395 1.

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/