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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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9CA. Third country branch reporting

(1) Subject to subsection (2), a branch shall report the following information to the Bank on an annual basis:

(a) the total assets corresponding to the activities of the branch;

(b) information on the liquid assets available to the branch, including the availability of liquid assets in EEA state currencies;

(c) the own funds that are at the disposal of the branch;

(d) the deposit protection arrangements available to depositors in the branch;

(e) the risk management arrangements;

(f) the governance arrangements, including key function holders for the activities of the branch;

(g) the recovery plans covering the branch;

(h) any other information considered by the Bank to be necessary to enable comprehensive monitoring of the activities of the branch.

(2) The Bank may direct a branch to report the information required under subsection (2) more frequently than is provided for in that subsection where such a direction is necessary to ensure effective supervision of the branch.

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