EUR-Lex Access to European Union law
This document is an excerpt from the EUR-Lex website
Document 32022R2579
Commission Delegated Regulation (EU) 2022/2579 of 10 June 2022 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be provided by an undertaking in the application for authorisation in accordance with Article 8a of that Directive (Text with EEA relevance)
Commission Delegated Regulation (EU) 2022/2579 of 10 June 2022 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be provided by an undertaking in the application for authorisation in accordance with Article 8a of that Directive (Text with EEA relevance)
Commission Delegated Regulation (EU) 2022/2579 of 10 June 2022 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be provided by an undertaking in the application for authorisation in accordance with Article 8a of that Directive (Text with EEA relevance)
C/2022/3342
OJ L 335, 29.12.2022, p. 61–63
(BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
In force
|
29.12.2022 |
EN |
Official Journal of the European Union |
L 335/61 |
COMMISSION DELEGATED REGULATION (EU) 2022/2579
of 10 June 2022
supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be provided by an undertaking in the application for authorisation in accordance with Article 8a of that Directive
(Text with EEA relevance)
THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (1), and in particular Article 8a(6), second subparagraph in conjunction with Article 8a(6), first subparagraph, point (a), thereof,
Whereas:
|
(1) |
Under Article 8a of Directive 2013/36/EU, investment firms that meet the conditions set out in Article 4(1), point (1)(b), of Regulation (EU) No 575/2013 of the European Parliament and of the Council (2) should apply for an authorisation as credit institutions. Those undertakings should provide sufficient information to the competent authorities as to enable them to carry out a comprehensive assessment of the applicant credit institutions. |
|
(2) |
The list of information to be provided in an application by entities seeking to obtain the authorisation referred to in Article 8a of Directive 2013/36/EU should be specified in a regulation. Such information should include the identification details and historical information of the applicant credit institution, including its existing licensing, activities proposed, current financial situation, programme of operations, and initial capital. |
|
(3) |
To ensure consistency and harmonisation of the authorisation information required for applicant credit institutions, this Regulation should refer to the Commission Delegated Regulation (EU) 2022/2580 (3) on the information to be provided for the authorisation of credit institutions, the requirements applicable to shareholders and members with qualifying holdings and obstacles which may prevent the effective exercise of supervisory functions and should aim to expand its scope to the investment firms that classify as credit institutions. |
|
(4) |
Article 4(1) of Regulation (EU) No 575/2013 identifies a type of credit institutions which takes deposits or other repayable funds from the public and grants credits for its own account and another which is the one covered by the scope of this Regulation. Differently, credit institutions the business of which includes taking deposits or other repayable funds from the public and granting credits for its own account should follow the requirements of Delegated Regulation (EU) 2022/2580. |
|
(5) |
The list of information requirements provided in this Regulation for the applicant credit institutions should take into consideration the specificities of the investment firms’ business model and any prior licences granted by a competent authority. |
|
(6) |
Competent authorities may need to expand the requested information in order to be in a position to assess thoroughly the applicant credit institution, taking into account the range of different business models and legal forms that applicant institutions may take. This Regulation should enable competent authorities to require additional information from an investment firm when assessing the application for a credit institution. |
|
(7) |
The competent authority may consider waiving some information requirements in light of the size, nature, scale and complexity of the activities of the applicant credit institution concerned, and taking into account the principle of proportionality and the implementation burden on the institutions. However, this should not compromise the possibility of conducting a comprehensive assessment of the application for a credit institution. |
|
(8) |
This Regulation is based on the draft regulatory technical standards submitted by the European Banking Authority (EBA) to the Commission. |
|
(9) |
The EBA has conducted open public consultations on the draft regulatory technical standards on which this Regulation is based, analysed the potential related costs and benefits and requested the advice of the Banking Stakeholder Group established in accordance with Article 37 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council (4), |
HAS ADOPTED THIS REGULATION:
Article 1
Scope of required information
1. An application for the authorisation of a credit institution within the meaning of Article 4(1), point (1)(b), of Regulation (EU) No 575/2013 shall comply with the requirements regarding credit institutions laid down in Articles 3 to 10 of Delegated Regulation (EU) 2022/2580.
2. Competent authorities may require additional information, provided that such information is proportionate and relevant for the purposes of the authorisation assessment.
3. Unless the competent authority requires otherwise, the applicant is not required to provide the information set out in paragraph 1 where this information is already held by the competent authority, including where it has been requested and obtained from another competent authority, provided that the applicant certifies that such information is accurate and complete on the date of the application’s submission.
4. An applicant credit institution may omit from the application information that is solely relevant to activities not indicated in the information set out in the programme of operations pursuant to Article 5 of Delegated Regulation (EU) 2022/2580, provided that the applicant identifies in the application the information omitted and cites this provision as the basis for the omission.
5. Following the assessment of the information submitted in the application, the competent authority may require the applicant to provide additional information or explanations, where the authority considers it necessary for the purposes of verifying whether all requirements for authorisation have been satisfied.
6. The applicant credit institution shall ensure that the information submitted in the application is up to date to ensure the completeness and accuracy of the information on the applicant credit institution’s situation.
Article 2
Entry into force
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 10 June 2022.
For the Commission
The President
Ursula VON DER LEYEN
(1) OJ L 176, 27.6.2013, p. 338.
(2) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).
(3) Commission Delegated Regulation (EU) 2022/2580of 17 June 2022 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be provided in the application for the authorisation as a credit institution, and specifying the obstacles which may prevent the effective exercise of supervisory functions of competent authorities (OJ L 335, 7.10.2022, p. 64).
(4) Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331, 15.12.2010, p. 12).