SRB approach to prior permissions regime: update

The SRB has published an update to information on its approach to prior permissions for eligible liabilities, in line with the draft regulatory technical standards.

This communication complements our guidance published on 28 July 2021 and aims to raise awareness of the requirements and how to report on them, pending the final endorsement of the standards as a Delegated Regulation. The communication should be read together with any future Q&A published by the European Banking Authority and European Commission.

Read the guidance here.