Regulatory Alerts2017-01-01
Added · Updated
Methodology for Supervisory Examination and Assessment of Commercial, Associating, and Cooperative Banks (BION Methodology)
The Office of the Financial Supervision Authority (UKNF) issued this BION Methodology to define the process for supervisory examination and assessment of commercial, associating, and cooperative banks in Poland. It outlines the scope of risk identification, evaluation of risk management quality, assessment of capital adequacy, and compliance with national and EU banking regulations, including CRD IV and CRR. The methodology details the organization of the BION process, the assignment of assessments, and their linkage to supervisory actions, while also incorporating recommendations from the Financial Stability Committee concerning foreign currency housing loans.
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