419. Where these guidelines are applied to the subsidiaries of a cross-border group, competent …

Where these guidelines are applied to the subsidiaries of a cross-border group, competent authorities for subsidiaries should, when performing their initial assessment, primarily consider investment firms on an individual basis, i.e. assess the business model, strategy, internal governance and controls, risks to capital and liquidity, and capital and liquidity adequacy of an entity as they would for a standalone investment firm. The findings from such initial assessments, where relevant, should also include identification of key vulnerabilities in the group context, which may be related to the reliance of an investment firm on its parent/group for funding, capital and technological support. In their initial assessments made on an individual basis, competent authorities should also reflect strengths and mitigating factors related to the entity being part of the group, which may be related to group technological support and financial support arrangements.

1. Pārskats

1.1 Atsauces

1.2 Identificētās prasības

1.3 Saistītie standarti

2. Identificētās prasības

3. Saistītie standarti

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