ECB launches consultation on guide to on-site inspections and internal model investigations – consultation ends on 15 September
The European Central Bank (ECB) launched on 27 July 2017 a public consultation on a draft guide to on-site inspections and internal model investigations. The objective of the guide is to explain how ECB Banking Supervision conducts inspections and internal model investigations and thus to provide a useful document for banks subject to such inspections. The guide applies particularly to significant institutions (SIs), for the supervision of which the ECB is responsible. The guide was drafted in close cooperation with the national competent authorities (NCAs).
The deadline for submitting comments is 15 September 2017.
The consultation document is available on the ECB website, with detailed instructions on how to submit the comments.
For further information, please contact:
- Erja Pullinen, Risk Expert, tel. +358 9 183 5358
- Sami Pyykönen, Head of Division, tel. +358 9 183 5332