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Guide now includes Part 2, with focus on capital requirements and programme of operations, including business plans, following public consultation
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Guide to enhance transparency and understanding of ECB procedure and criteria for assessment of licence applications
The European Central Bank (ECB) has today published a consolidated version of the Guide to assessments of license applications. This text, which is not legally binding, combines the content of the first guide published in March 2018 and that of Part 2, the public consultation for which ended on 25 October 2018. The consolidated guide is intended as a practical tool to support those involved in the process of authorisation and to ensure a smooth and effective procedure and assessment.
When granting authorisations to banks, the ECB acts as a gatekeeper to ensure that only robust banks can enter the market. The consolidated guide promotes a level playing field throughout the euro area and reduces the risk that entities wi
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