Article 10
Information exchange for performing group risk assessments and reaching joint decisions
1. For the purposes of joint decisions on institution-specific prudential requirements as referred to in Article 113 of Directive 2013/36/EU, the consolidating supervisor and the relevant members of the college referred to in paragraph 1 of that Article shall exchange all information necessary, at both individual and consolidated level, to reach a joint decision.
2. In particular, the consolidating supervisor and the relevant members of the college referred to in paragraph 1 shall exchange information on the outcomes of the supervisory review and evaluation process performed in accordance to Article 97 of Directive 2013/36/EU. This information shall provide the outcome of the assessment, at least, of the following elements:
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(a) |
business model analysis, including the assessment of the viability of current business model and sustainability of institution's forward-looking business strategy; |
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(b) |
internal governance arrangements and institution-wide controls; |
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(c) |
individual risks to institution's capital, covering the following elements:
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(d) |
capital adequacy assessment, including proposed required own funds pursuant to Article 104(1)(a) of Directive 2013/36/EU; |
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(e) |
risks to institution's liquidity and funding, covering the following elements:
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(f) |
liquidity adequacy assessment, including proposed quantitative and qualitative liquidity measures pursuant to Article 105 of Directive 2013/36/EU; |
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(g) |
other supervisory measures or early intervention measures taken or planned to be taken in order to address the inefficiencies identified as a result of the supervisory review and evaluation process; |
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(h) |
results of the supervisory stress tests performed pursuant to Article 100 of Directive 2013/36/EU; |
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(i) |
findings from on-site inspections and off-site monitoring that are relevant for the assessment of the risk profile of the group or any of its entities. |