Central Bank publishes revised Notice on its Implementation of Competent Authority Options and Discretions in the European Union (Capital Requirements) Regulations 2014 and Regulation (EU) No 575/2013

Investment Firms

Date: 02 January 2018

On 30 November 2017, the Central Bank published a revised Notice on its implementation of competent authority options an discretions in the European Union (Capital Requirements) Regulations 2014 and Regulation (EU) No. 575/2013. The Implementation Notice sets out the manner in which the Central Bank intends to exercise the competent authority options and discretions provided for in this legislation and supersedes the Central Bank’s May 2014 Implementation Notice.