General criteria and methodologies for supervisory review and evaluation process

Published: 24/7/2014 Modified: 25/7/2016

Competent authorities are required to disclose the general criteria and methodologies they use in the Supervisory Review and Evaluation Process set out in Article 97 of Directive 2013/36/EU.

The Supervisory Review and Evaluation Process (SREP) is part of the larger Supervisory Review Process. The competent authority conducts the SREP. It is a comprehensive process, which supervisors use to review and evaluate an institution's exposure to risks. The Internal Capital Adequacy Assessment Process (ICAAP) is another element of a Supervisory Review. Institutions conduct ICAAPs, which allow them to ensure they make adequate provisions with respect to the holding of internal capital in relation to their risk profile.

 

SUPERVISORY REVIEW AND EVALUATION PROCESS (SREP) PDF

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Croatian regulations