The European Banking Authority (EBA) has published final draft implementing technical standards (ITS) on joint decisions on institution-specific prudential requirements under article 113 of the Capital Requirements Directive IV (CRD IV) along with an accompanying web page and press release.

Article 113 of the CRD IV requires the EBA to develop draft ITS on joint decisions on institution-specific prudential requirements to ensure uniform conditions of application on the joint decision process with regard to decisions on capital. The draft ITS specify the process that should be followed by the consolidating supervisors and the relevant competent authorities in the context of reaching joint decisions.

The technical standards have now been submitted to the European Commission for adoption.

View EBA final draft implementing technical standards on joint decisions on institution-specific prudential requirements under article 113 of Directive 2013/36/EU, 13 December 2013

View EBA publishes final draft Implementing Technical Standards on joint decisions on institution-specific prudential requirements, 13 December 2013

Leave a Reply

Your email address will not be published. Required fields are marked *