Comments on revised EBA Guidelines on SREP
On 31 October 2017, the EBA published a consultation paper on the revision of its Guidelines on supervisory review and evaluation process (SREP) and supervisory stress testing (EBA/CP/2017/18). The German Banking Industry Committee (GBIC) appreciates the opportunity to comment. The GBIC considers the integration of provisions on stress tests relating to supervisory authorities and on the Pillar 2 Guidance (P2G) basically reasonable. In its comments, the GBIC nonetheless proposes several adjustments and clarifications, inter alia regarding P2G specifications.