Transcription of Consultation paper on revised SREP guidelines
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Consultation paper on revised SREP guidelines
GL ON COMMON procedures AND METHODOLOGIES FOR SREP AND SUPERVISORY STRESS TESTING EBA/CP/2021/26 28 June 2021 Consultation paper Draft guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing under Directive 2013/36/EU GL ON COMMON procedures AND METHODOLOGIES FOR SREP AND SUPERVISORY STRESS TESTING 2 Contents 1. Responding to this Consultation 6 Submission of responses 6 Publication of responses 6 Data protection 6 2. Executive summary 7 Next steps 8 3. Background and rationale 9 4. Draft revised guidelines 16 Compliance and reporting obligations 18 Status of these guidelines 18 Reporting requirements 18 Title 1. Subject matter, definitions, level of application and implementation 19 Subject matter 19 Definitions 19 Level of application 23 Date of application 24 Repeal 24 Title 2.
competent authorities and are intended to promote common procedures and methodologies for the supervisory review and evaluation process (SREP), which is an ongoing supervisory process bringing together findings from all supervisory activities into a comprehensive supervisory overview of an institution.
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