Supervisory Review and Evaluation Process
From ACT Wiki
Bank supervision - European Union (EU)
(SREP).
The Supervisory Review and Evaluation Process is a set of bank supervisory guidelines issued by the European Banking Authority (EBA).
The SREP is designed to provide a consistent framework within which national supervisors review and evaluate banks.
The SREP covers:
- Business model analysis;
- Internal governance and controls;
- Assessment of risks to capital and adequacy of capital; and
- Assessment of liquidity risk and adequacy of liquidity resources.
