EBA and ESMA consult on framework for the supervisory review and evaluation process of investment firms
ESAs
Date:
31 January 2022
On 18 November 2021, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) launched a
public consultation on their Guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP). The EBA is also consulting on draft Regulatory Technical Standards (RTS) on the additional own funds requirements that could be determined by competent authorities for investment firms. Both regulatory products are based on the Investment Firms Directive (IFD) and aim at consistent supervisory practices with regard to the review and evaluation of investment firms. The consultations run until 18 February 2022.