Examples of using Supervisory practices in English and their translations into Slovak
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In order to ensure harmonisation in the application of these requirements,euro area policy stances and supervisory practices were defined.
As part of our work to harmonise supervisory practices and to foster a sound and resilient banking system, the ECB is reviewing the internal models used by banks.
Furthermore, we asked a selection of nationalcompetent authorities for information allowing us to compare supervisory practices.
The guidelines set out appropriate supervisory practices in the European System of Financial Supervision and how Union law should be applied.
It is necessary to promote supervisory convergence not only in respect of supervisory tools butalso in respect of supervisory practices.
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(ii) the convergence of AML/CTF supervisory practices on high quality standards; and(iii) the establishment of a new European authority in charge of AML supervision at the EU level.
Inquiry at a selection of national competent authorities The audit teamasked 10 national competent authorities about their supervisory practices.
Since then,the ECB has continued to make considerable progress in harmonising supervisory practices at the European level and now adopts more than 1 500 supervisory decisions every year.
For large financial groups, the improved cross-border and cross-sectorsupervision will reduce compliance costs thanks to harmonised standards and supervisory practices.
It thus makes a significant contribution to harmonising supervisory practices across the SSM and, ultimately, to creating a level playing field for significant institutions using internal models.
The Licensing Guide promotes a common interpretation of the licensing criteria,reflecting the ECB's commitment to ensuring consistent supervisory practices across the euro area.
The supervisory practices of the SSM will follow the principle of proportionality, tailoring the intensity of supervision to the systemic importance and risk profile of the supervised banks.
ESMA shall establish cooperation arrangements with the competentauthorities of third countries whose legal framework and supervisory practices have been recognised as equivalent in accordance with paragraph 2.
In order to ensure consistent, efficient and effective supervisory practices within the Union in relation to Articles 6 and 7 of this Regulation, ESMA may issue guidelines in accordance with Article 16 of Regulation(EU) No 1095/2010.'.
Ministers asked the Commission to study possible obstacles to cross-border mergers andacquisitions in the financial sector, arising both from differing supervisory practices and from other, broader factors.
The disparity between the legal frameworks and supervisory practices of the Member States that have enacted dedicated covered bond laws limit possibilities for market standardisation in underwriting and disclosure practices. .
The supervisory body's failure to detect significant problems in the country's fourth largestbank pointed to shortcomings in financial sector supervisory practices and in oversight of concentration risk.
ACER also contributes to the establishment of high-quality common regulatory and supervisory practices, thus contributing to the consistent, efficient and effective application of EU law in order to achieve the EU's climate and energy goals.
The Authority shall monitor new and existing financial activities and may adopt guidelines and recommendations in accordance with Article 16 with a view to promoting the safety and soundness of markets,and convergence and effectiveness of regulatory and supervisory practices.
In the exercise of their duties, competent authorities shall take intoaccount the convergence in respect of supervisory tools and supervisory practices in the application of the laws, regulations and administrative requirements adopted pursuant to this Directive.
The principle of mutual recognition means that any licensed credit institution may providelocal branch or crossborder banking services throughout the European Union on the basis of EU-wide mutual recognition of bank licensing and supervisory practices.
ACER's tasks also include tocontribute to the establishment of high-quality common regulatory and supervisory practices, thus contributing to the consistent, efficient and effective application of European Union law in order to achieve the Union's climate and energy goals.
Diverging supervisory practices for CCPs across the Union can create risks of regulatory and supervisory arbitrage, jeopardising financial stability and allowing for unhealthy competition, when not a reflection of the diverse nature of CCPs, could create risks of regulatory and supervisory arbitrage.
The new European Supervisory Authorities will build a common European supervisory culture andconsistent supervisory practices, for example by developing common training programmes and participating in meetings of the colleges of supervisors as an observer.
EBA shall monitor supervisory practices and issue guidelines to specify how similar risk profiles shall be assessed for the purposes of this paragraph and to ensure a consistent and proportionate application of similar institutions-tailored methodologies across the Union.
Supervision and supervisory convergence Facilitating and coordinating NCAs in their supervisory activities in order to establish consistent,efficient and effective supervisory practices within the ESFS, and to ensure the common, uniform and consistent application of EU Law.
The Authority shall, with a view to establishing consistent,efficient and effective supervisory practices within the ESFS, and to ensuring the common, uniform and consistent application of Union legislation, issue guidelines and recommendations addressed to competent authorities or financial institutions.
With the objective of converging supervisory practices, ESMA may participate in the activities of the colleges of supervisors, including on-site verifications or investigations, carried out jointly by two or more competent authorities in accordance with Article 21 of Regulation(EU) No 1095/2010.