The members of the EACB appreciate the efforts of ESAs to harmonise the exchange of information among the supervisors of conglomerates, in order to achieve a more efficient and effective framework ensuring that risks are appropriately assessed and monitored.
The note addresses some general issues illustrating the need for improved drafting of some provisions of the draft GL. In particular, possible overlaps with reference to the Single Supervisory Mechanism, and ambiguities with reference to the Single Resolution Mechanism need to be clarified.
[Click on Download PDF]