65. Competent authorities should ensure that the applicant credit institution will be compliant …

Competent authorities should ensure that the applicant credit institution will be compliant with the applicable prudential requirements as of the first day of access to the market as an authorised credit institution. Competent authorities should therefore appropriately calibrate the intensity of their assessment in respect of those applicants which, prior to the application, were subject to prudential requirements other than those applicable to credit institutions.

1. Overview

1.1 References

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/