Guidelines on the Application of the Supervisory Review Process under Pillar 2

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These Guidelines set out guidance on the application of supervisory review and evaluation process and aimed both at institutions by providing details regarding organising internal governance and ICAAP processes, and supervisors by specifying principles and features of supervisory review and evaluation process and supervisory risk assessment systems. The Guidelines also outline the fundamental principles of ICAAP-SREP dialogue between the institutions and their supervisors.

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