118. If an applicant belonging to a banking group applies for capital waivers in accordance with …

If an applicant belonging to a banking group applies for capital waivers in accordance with Articles 7 or 10 CRR, competent authorities may consider, within their discretionary powers under the aforementioned provisions, assessing the applicant’s eligibility for the application of the waiver in a strict and scrupulous manner, taking into account the particularities of the authorisation application.

1. Overview

1.1 References

• Article 7 Derogation from the application of prudential requirements on an individual basis
• Article 10 Waiver for credit institutions permanently affiliated to a central body

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/