General criteria and methodologies for supervisory review and evaluation process

Published: 24/7/2014 Modified: 31/7/2017

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.




Croatian regulations