+28. A competent authority should not grant an institution a period longer than 3 months to resolve …
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28. A competent authority should not grant an institution a period longer than 3 months to resolve …
A competent authority should not grant an institution a period longer than 3 months to resolve a breach if it concludes that the breach was repetitive or when the magnitude of the breach has the potential to have a major impact on the financial situation of the institution.
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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