Regulatory Alerts2025-01-01
Instructions for Supervisory Reporting of Third-Country Branches under Article 48k(2) of Directive 2013/36/EU
The European Supervisory Authorities issue these instructions to standardize the reporting obligations for third-country branches regarding their ultimate head undertakings under Directive 2013/36/EU. The document mandates the use of specific quantitative and qualitative templates to disclose aggregated assets, liabilities, prudential compliance, and significant supervisory decisions. It further requires branches to report on reverse solicitation activities and recovery plans to ensure comprehensive supervisory oversight within the European Economic Area.
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