359. When competent authorities assess the credibility of the capital plan or the revised capital …

When competent authorities assess the credibility of the capital plan or the revised capital plan, in line with points B. and C. of table 16, they should consider the following criteria:

• a. it covers the entire assumed stress testing time horizon;
• b. it puts forward a set of credible mitigating and management actions, such as restricting dividend payments, etc.;
• c. the institution is willing and able to take such actions in order to address the breaches of the applicable capital requirements in the system-wide stress tests;
• d. whether the mitigating and management actions are subject to any legal or reputational constraints, for instance due to contrary or conflicting former public announcements (e.g. on dividend policies, business plans and risk appetite);
• e. the probability that mitigating and management action would enable the institution to fully meet its applicable capital requirements within an appropriate timeframe;
• f. the proposed actions are broadly in line with macroeconomic considerations and with known future regulatory changes affecting an institution within the scope and timeline of the assumed adverse scenarios;
• g. the range of recovery options and their analysis as set out in the institution’s recovery plan.

1. Overzicht

1.1 Referenties

1.2 Geïdentificeerde eisen

1.3 Gerelateerde standaarden

2. Geïdentificeerde eisen

3. Gerelateerde standaarden

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.