Public consultation on the exercise of options and discretions in Union law

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

Public hearing

The ECB held a public hearing on 11 December 2015.

Programme

Webcast

Documents
24/03/2016

Feedback statement

11/11/2015

Draft ECB Regulation on the exercise of options and discretions available in Union law

11/11/2015

Draft ECB Guide on options and discretions available in Union law

11/11/2015

Explanatory memorandum on the exercise of options and discretions available in Union law

11/11/2015

Questions & Answers on the public consultation on the exercise of options and discretions

Reference documents

24/03/2016

Press release: ECB publishes Regulation and Guide on how to harmonise options and discretions in banking supervision

11/11/2015

Press release: ECB launches consultation on harmonising the exercise of options and discretions in union law

15/10/2013

SSM Regulation

16/04/2014

SSM Framework Regulation

26/06/2013

Regulation on prudential requirements for credit institutions and investment firms (CRR)

26/06/2013

Directive on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms (CRD IV)

Comments received