CP10 (Full Document) - European Banking Authority
CP10 (Full Document) - European Banking Authority
CP10 (Full Document) - European Banking Authority
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Annex II<br />
6 months<br />
(approval)<br />
Preliminary contact (preapplication<br />
phase)<br />
Formal<br />
application<br />
Assessment of application<br />
Decision<br />
Rollout (post<br />
Approval phase)<br />
Ongoing review as part<br />
of pillar 2<br />
Group<br />
· Develop approaches for internal<br />
models<br />
· Facilitate assessment<br />
Discuss and communicate<br />
intentions and standards for use of<br />
advanced approaches<br />
Submit<br />
application<br />
Ongoing dialogue<br />
Communicate<br />
decision<br />
Ongoing dialogue<br />
Consolidating supervisor<br />
· Preliminary assessment of adequacy<br />
and completeness of proposals<br />
· Develop communication and<br />
consultation strategies<br />
· Assess<br />
completeness<br />
and accuracy<br />
· Responsible for overall<br />
coordination of assessment<br />
· Assess central models and risk<br />
management functions<br />
· Draft final<br />
decision<br />
documentation<br />
Develop consultation process,<br />
work plan and standards<br />
Communicate<br />
application<br />
details<br />
Consultation<br />
assessment and feedback of findings<br />
Agree<br />
decision<br />
Consultation<br />
assessment and feedback of findings<br />
Host supervisor<br />
· Assess local models and risk<br />
management functions<br />
1.1.