This consultation gave interested parties the opportunity to comment on the Draft ECB Regulation on the exercise of options and discretions available in Union law and the Draft ECB Guide on options and discretions.
The draft Regulation determines the exercise of options and discretions available in Union law and mandated to competent authorities, concerning prudential requirements for credit institutions. The exercise of those options and discretions provided for in this Regulation is directly applicable to credit institutions classified as significant.
ECB Regulation on the exercise of options and discretions in Union law
ECB Guide on options and discretions
Feedback statement
Draft ECB Regulation on the exercise of options and discretions available in Union law
Draft ECB Guide on options and discretions available in Union law
Explanatory memorandum on the exercise of options and discretions available in Union law
Questions & Answers on the public consultation on the exercise of options and discretions
Press release: ECB publishes Regulation and Guide on how to harmonise options and discretions in banking supervision
Press release: ECB launches consultation on harmonising the exercise of options and discretions in union law
Regulation on prudential requirements for credit institutions and investment firms (CRR)
In total, 30 submissions were received.
Comment 2: Association of Foreign Banks
Comment 5: Ministry of Finance of the Czech Republic
Comment 6: Università degli Studi Roma Tre jointly with EJC - Roberti & Associati
Comment 7: Austrian Federal Economic Chamber
Comment 8: Banco Popular Español
Comment 9: National Bank of Slovakia
Comment 10: Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR)
Comment 13: Dutch Association of Insurers
Comment 14: Erste Group Bank AG
Comment 15: EACB - European Association of Cooperative Banks
Comment 16: European Association of Guarantee Institutions – AECM
Comment 17: European Association of Public Banks
Comment 18: European Banking Federation
Comment 20: The Federation of Finnish Financial Services
Comment 21: French Banking Federation
Comment 22: German Banking Industry Committee (GBIC)
Comment 23: Intesa Sanpaolo S.p.A
Comment 24: Italian Banking Association (ABI)
Comment 25: Slovak Banking Association
Comment 26: Spanish Banking Association
Comment 27: The Bank of New York Mellon SA/NV
Comment 28: Verband Deutscher Bürgschaftsbanken e.V. (VDB)
Comment 29: The Association of Danish Mortgage Banks (Realkreditrådet)