ECB guide on the process and requirements for assessing licence applications
European Central Bank guide applies to all licence applications to become a credit institution (bank) within the meaning of the Capital Requirements Regulation (CRR), including initial authorizations for new credit institutions, applications from FinTech companies, authorizations in the context of mergers or acquisitions, bridge bank applications and licence extensions. Promotes awareness and enhances the transparency of the assessment criteria and processes for the establishment of a credit institution within the Single Supervisory Mechanism.
Publisher:
Regional Standard-Setting Bodies
Release date:
Mar 2018
Type:
Guideline
Parent:
Capital Requirements Regulation - CRR
Peer:
Guide to Assessments of FinTech Credit Institution Licence Applications
Topics:
Corporate governance, Recovery and resolution, Financial inclusion, Licensing, FinTech
Sectors:
Banking
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