Article 107

Capital Requirements Directive (CRD) > TITLE VII > CHAPTER 2 > Section IV > Article 107
Article 107
Consistency of supervisory reviews, evaluations and supervisory measures
Main content: 

1.    Competent authorities shall inform EBA of:

(a)    the functioning of their review and evaluation process referred to in Article 97;

(b)    the methodology used to base decisions referred to in Articles 98, 100, 101, 102, 104 and 105 on the process referred to in point (a).

EBA shall assess the information provided by competent authorities for the purposes of developing consistency in the supervisory review and evaluation process. It may request additional information from competent authorities in order to complete its assessment, on a propor­ tional  basis  in  accordance   with   Article   35   of   Regulation   (EU) No 1093/2010.

2.    EBA shall  annually report  to the European Parliament and the Council on the degree of convergence of the application of this Chapter between Member States.

In order to increase the degree of such convergence, EBA shall conduct peer reviews in accordance  with  Article  30  of  Regulation  (EU) No 1093/2010.

3.    EBA shall issue guidelines addressed to the competent authorities in accordance  with Article 16 of Regulation (EU) No 1093/2010 to further specify, in a manner that is appropriate to the size, the structure and the internal organisation of institutions and the nature, scope and complexity of their activities, the common procedures and methodologies for the supervisory  review and evaluation process referred to in paragraph 1  of  this  Article and  in  Article  97  and  for the assessment of the organisation and treatment of the risks referred to in Articles 76 to 87, in particular relating to concentration risk in accordance with Article 81.