34. The consolidating supervisor and the home and host competent authorities should ensure that the …

The consolidating supervisor and the home and host competent authorities should ensure that the significant-plus branch is subject to effective and efficient supervisory assessment under the supervisory review and evaluation process (SREP) applied to the institutions and the group in accordance with Article 97 of Directive 2013/36/EU and the EBA’s Guidelines on common procedures and methodologies for SREP¹² . In particular, the consolidating supervisor or the home competent authority should ensure that the group risk assessment or the SREP report of an institution referred to in Commission Implementing Regulation (EU) No 710/2014 includes a distinct and noticeable reference to the supervisory assessment of any significant-plus branch, including an assessment of the material risks that the branch is or might be exposed to, the branch’s business model and strategy, and the risks that the branch poses to the financial system in the host Member State (the branch risk assessment).

¹² EBA/GL/2014/13.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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