CP10 (Full Document) - European Banking Authority
CP10 (Full Document) - European Banking Authority
CP10 (Full Document) - European Banking Authority
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the decision.<br />
‣ Agree on the process for handling rollout.<br />
‣ Agree on the timeframe for implementing the<br />
decision.<br />
the decision.<br />
‣ Agree on the process for handling rollout.<br />
‣ Agree on the timeframe for implementing the<br />
decision.<br />
· Communication of<br />
decision<br />
‣ Draw up a fully reasoned decision document in<br />
accordance with agreed principles for convergence.<br />
Step 5 – Implementation<br />
Crossborder implications<br />
· Implementation of<br />
decision<br />
Tasks or considerations for the Consolidating<br />
supervisor<br />
‣ Implement the decision in accordance with national<br />
legislation.<br />
Tasks or considerations for the host supervisor<br />
‣ Implement the decision in accordance with national<br />
legislation.<br />
· Planning, assessing, and<br />
reporting<br />
Follow similar procedures to step 3. Follow similar procedures to step 3.<br />
Step 6 – On going review<br />
· The ongoing review of the continuing appropriateness of the models in use shall be conducted within the Pillar 2 framework. The<br />
framework for supervisory cooperation should follow the steps outlined above.