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Feed/DEA2022/2731(DEA)Finance & Budget

Credit institution authorization & supervisory obstacles (Directive 2013/36/EU)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 50mo ago
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This regulation sets out the specific technical standards for banks and credit institutions applying for a license to operate within the EU. It defines exactly what information must be provided in an application and identifies potential obstacles that could hinder the ability of supervisory authorities to monitor these institutions effectively.

This affects financial entities seeking authorization as credit institutions and the national regulators responsible for overseeing the banking sector to ensure financial stability.