(5)The implementation of the EBA Guidelines on the supervisory review and evaluation process (SREP) 4 should be more transparent. Annex III to Implementing Regulation (EU) No 650/2014 should therefore be amended to include a description of the supervisory approach to the internal liquidity adequacy assessment process (ILAAP).
Recital 5
- 4 Guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) of 19 December 2014, EBA/GL/2014/13. ↩