Table 1. Application of SREP to different categories of institutions
54. Where competent authorities determine that institutions have similar risk profiles, they may conduct thematic SREP assessments on multiple institutions as a single assessment (e.g. a BMA may be conducted on all small mortgage lenders given that it is likely to identify the same business viability issues for all these institutions). Competent authorities may also use tailored methodologies for the application of the SREP for institutions with similar risk profiles, such as similar business models or geographical location of exposures in accordance with Article 97(4a) of Directive 2013/36/EU.
55. Competent authorities should determine an additional level of engagement based on the findings from previous assessments of one or more SREP elements, whereby more extensive supervisory resources and a higher intensity and frequency of engagement should be required, tailored to the situation of the individual institution
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