The members of the EACB appreciate the efforts of ESAs to provide further clarification regarding the definitions of “significant risk concentration” and “significant intra-group transactions”, as well as the methodology for the coordinators.
While we see these draft RTS mainly addressed at the coordinators and supervisors, and understand that its main purpose is to further clarify the provisions laid out in the Financial Conglomerates Directive, we would like to share some remarks regarding the scope, criteria, reporting requirements and supervisory measures included in the draft RTS.
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