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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 December 2020 - onwards
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17A. Programme of operations and structural organisation

(1) An application for an authorisation shall be accompanied by -

(a) a programme of operations, and

(b) a description of the arrangements, processes and mechanisms referred to in Regulation 61(1) of the European Union (Capital Requirements) Regulations 2014 proposed to be implemented.

(2) A programme of operations referred to in subsection (1)(a) shall -

(a) set out the types of business envisaged by the applicant,

(b) set out the structural organisation of the society in respect of which the application is being made, and

(c) where the society is part of a group, specify -

(i) the parent undertakings,

(ii) the financial holding companies, if any, and

(iii) the mixed financial holding companies, if any,

within the group.

(3) The Bank shall not take a draft decision to propose to the ECB to grant an authorisation unless it is satisfied that the arrangements, processes and mechanisms referred to in Regulation 61(1) of the European Union (Capital Requirements) Regulations 2014 proposed t

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