Implementing Technical Standards on joint decisions on institution-specific prudential requirements
- Status: Adopted and published in the Official Journal of the EU
The objective of these Implementing Technical Standards (ITS) on joint decisions on institution-specific prudential requirements is to facilitate the reaching of effective joint decisions between the consolidating supervisor and the competent authorities responsible for the supervision of subsidiaries in a Member State. In particular, these ITS set up common procedures and templates that will facilitate the interaction and cooperation between the consolidating supervisor and the relevant competent authorities when providing their contribution to the group risk assessment and joint decision documents.