31. For the purposes of the assessment of whether a significant branch providing critical functions …

For the purposes of the assessment of whether a significant branch providing critical functions should be considered of significant importance to the financial stability of the host Member State, competent authorities should consider if the branch meets any of the following criteria:

• (a) the market share of the branch in terms of deposits exceeds 4% in the host Member State;
• (b) the branch total assets (assets associated with the branch) form a significant part of the GDP of the host Member State (i.e. are greater than 4% of GDP);
• (c) the branch total assets (assets associated with the branch) form a significant part of the total assets of the host Member State banking system (i.e. are greater than 4% of total assets of the host Member State banking system); or
• (d) the branch can be considered systemically important on similar grounds to other systemically important institutions (O-SII) based on the assessment specified in the EBA guidelines¹¹ when applied to branch-specific data, where they are available. Given the extent of the integration of branches and the support received from institutions, competent authorities could also consider setting higher thresholds for O-SII scoring for the purpose of identifying branches that satisfy the intensification test.

¹¹ EBA Guidelines on the criteria to determine the conditions of application of Article 131(3) of Directive 2013/36/EU in relation to the assessment of other systemically important institutions (EBA/GL/2014/10).

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/