+396. In accordance with Article 39(2), point (e) of Directive (EU) 2019/2034, competent authorities …

396. In accordance with Article 39(2), point (e) of Directive (EU) 2019/2034, competent authorities …

In accordance with Article 39(2), point (e) of Directive (EU) 2019/2034, competent authorities may:

  • a. restrict investment in certain products when the investment firm’s policies and procedures do not ensure that the risk from those products will be adequately covered and controlled;
  • b. require the investment firm to present a plan to reduce its exposures to distressed assets and/or illiquid positions gradually; and/or
  • c. require the divestment of financial products, including where the valuation processes of the investment firm do not produce conservative valuations.

1. Pārskats

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1.1 Atsauces

1.2 Identificētās prasības

1.3 Saistītie standarti

2. Identificētās prasības

Prasības

3. Saistītie standarti

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