Summary: These Guidelines, developed pursuant to Article 27(4) of Directive 2014/59/EU, are addressed to competent authorities and aim at promoting the consistent application of triggers for the decision on the application of early intervention measures set out in Article 27(1) of Directive 2014/59/EU. The Guidelines provide competent authorities with guidance on the circumstances under which they should consider the application of early intervention measures to institutions. Specifically, the Guidelines identify triggers within the common European supervisory review and evaluation process (SREP) framework, and elaborate on the circumstances prompting the consideration of whether to apply early intervention measures. The Guidelines do not establish any quantitative thresholds for indicators that could be perceived as new levels for regulatory requirements for capital or liquidity.
Physical Description: 33 Seiten p.
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