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Text applicable on 1 Jan 2027Consolidated version of 1 Jan 2027Future dateUnofficial text · authentic on EBA (PDF) (opens in a new tab)

GL-SREP paragraph 40(e) — as applicable on 1 Jan 2027 (version of 1 Jan 2027)

2.3

Organisational arrangements

40.

Competent authorities should ensure that their organisational arrangements for conducting SREP include at least the following:

a.

a description of the roles and responsibilities of their supervisory staff with respect to performing the SREP, as well as the relevant reporting lines, in both normal and emergency situations;

b.

procedures for documenting and recording findings and supervisory judgements;

c.

arrangements for the approval of the findings and scores, as well as escalation procedures where there are dissenting views within the competent authority, in both normal and emergency situations;

d.

arrangements for organising dialogue with the institution following the model of minimum engagement as stipulated in section 2.4 to assess individual SREP elements;

e.

arrangements for engaging in consultations with an institution and for communicating the outcomes of the SREP to the institution, reflecting the interaction within colleges of supervisors for cross-border groups and their entities, in accordance with Commission Implementing Regulation (EU) No 710/2014(19);

f.

internal checks and balances to support effective decision-making, consistency of outcomes and accountability.

41.

When defining arrangements for dialogue with institutions, competent authorities should consider the potential implications of providing the scores to the institutions in terms of their disclosure obligations pursuant to the requirements of Regulation (EU) No 596/2014 (opens EUR-Lex in a new tab)(20) and Directives 2014/57/EU(21) and 2004/109/EC(22).