Regulatory Alerts2022-12-13
Compliance with EBA Guidelines on common procedures and methodologies for SREP and stress testing (EBA/GL/2022/03)
The ACPR declares compliance with the EBA's updated guidelines on common procedures and methodologies for the Supervisory Review and Evaluation Process (SREP) and stress testing, which became applicable on January 1, 2023. These guidelines replace previous 2014 and 2018 versions to integrate requirements from the CRD5 directive, specifically addressing excessive leverage risk, Pillar 2 capital recommendations, and anti-money laundering risks. The ACPR will apply these standards to its supervision of class 1 bis credit institutions and investment firms, while adapting the application for financing companies that are not subject to leverage ratio requirements.
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