+4. General principles
---+4.1 Common assessment methodology
------+11. Competent authorities should ensure that for the purposes of granting an authorisation as a …
------+12. The CAM lays down the criteria and methods according to which competent authorities should …
------+13. For the purposes of these Guidelines, references to risk also include ML/TF risk. Competent …
------+14. In order to ensure that the assessment for granting the authorisation is based on reliable …
------+15. The CAM is technology-neutral and innovation-friendly, therefore it covers applicant credit …
------+16. In order to ensure a level playing field across the EU, competent authorities’ assessment …
------+17. Competent authorities should perform the assessment for granting the authorisation in …
------+18. For this purpose competent authorities should take into account the following criteria: a) the …
------+19. In the case of paragraph 18, letter m), and in line with Article 10(1) of the RTS on …
------+20. In the case of paragraph 18, letter n), provided the submitted extension does not materially …
------+21. The application of the principle of proportionality by the competent authorities can never …
---+4.2 Consistency and continuity between the authorisation and the going-concern supervisory assessment
------+22. In accordance with the CAM, competent authorities should assess the application for …
------+23. For this purpose, in order to avoid duplication and inconsistency of regulation, these …
------+24. Competent authorities’ assessment should focus on ensuring the sound and prudent management of …
------+25. To ensure that this objective is met, competent authorities should only grant the authorisation …
------+26. Competent authorities may, at their own discretion, impose on the applicant credit institution …
------+27. Consistently with paragraph 26, competent authorities may only apply conditions precedent …
------+28. In accordance with the requirements and the limits set out in paragraphs 26 and 27, conditions …
------+29. Consistently with paragraph 26, competent authorities may impose obligations subsequent on the …
------+30. Without prejudice to the compliance with all the requirements for authorisation by the …
------+31. In order to ensure clarity and legal certainty, competent authorities should clearly define …
------+32. Subject to the meeting of all the requirements for granting the authorisation, competent …
------+33. Where the applicant credit institution belongs to a banking group and compliance with …
------+34. Competent authorities should identify the existence of any obstacles, having regard in …
---+4.3 Situations where an authorisation is required
------+35. Competent authorities should ensure that in the case of a merger of two or more credit …
------+36. The execution of group restructuring transactions or the transfer of activities as a credit …
------+37. Where competent authorities assess that, by virtue of the activities that are temporarily …
------+38. Without prejudice to the paragraph above, competent authorities should not subject the transfer …
------+39. Competent authorities should clarify that an authorisation to carry on the business of a credit …
------+40. Considering that the authorisation is granted by competent authorities under the applicable …
------+41. Consistently with the applicable national company law, an existing credit institution may …
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4. General principles
4. General principles
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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