I osasto – Aihe, soveltamisala ja määritelmät

For the purpose of these Guidelines, the following definitions apply:

• a. ‘ SREP’ means supervisory review and evaluation process as defined in Article 97 of Directive 2013/36/EU and further specified in the SREP Guidelines.
• b. ‘SREP Guidelines’ means EBA Guidelines on common procedures and methodologies for SREP developed in accordance to Article 107(3) of Directive 2013/36/EU² .
• c. ‘Overall SREP assessment’ as defined in the SREP Guidelines, is the up-to-date assessment of the overall viability of an institution based on assessment of SREP elements.
• d. ‘Overall SREP score’ as defined in the SREP Guidelines, is the numerical indicator of the overall risk to the viability of an institution based on the overall SREP assessment.

² EBA/GL/2014/13 of 19 December 2014