27. Competent authorities should ensure that the outcomes of the assessment: a. are reflected in …

Competent authorities should ensure that the outcomes of the assessment:

• a. are reflected in the score assigned to the investment firm’s overall viability, in accordance with the guidance provided in Title 10;
• b. are clearly documented in a summary of the overall SREP assessment that includes the SREP scores assigned (overall and for individual elements) and any supervisory findings made since the last assessment; and
• c. form the basis for the supervisory determination of whether the investment firm can be considered to be ‘failing or likely to fail’; for investment firms subject to Directive 2014/59/EU this determination should be performed in accordance with Article 32 of that Directive, also having regard to the EBA Guidelines on ‘failing or likely to fail’¹¹ .

2.1.5 Dialogue with investment firms, application of supervisory measures and communicating findings

¹¹ EBA Guidelines on the interpretation of the different circumstances when an institution shall be considered as failing or likely to fail under Article 32(6) of Directive 2014/59/EU (EBA/GL/2015/07)

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/