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ECB issues SREP methodology for LSIs—2020 edition

Published on: 25 March 2020
Published by LNB News

LNB News 25/03/2020

Document Information

Issue Date: 25 March 2020

Published Date: 25 March 2020

Jurisdiction(s): United Kingdom

Article summary

The European Central Bank (ECB) has published ‘SSM LSI SREP Methodology—2020 edition’, which provides an update to its 2018 edition. The publication sets out the methodology for the supervisory review and evaluation process (SREP) of less significant institutions (LSIs), developed by the ECB and national competent authorities (NCAs). The 2020 SREP methodology has been enhanced in the areas of interest rate risk in the banking book (IRRBB) and IT risk assessment.

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