Recital 21

(21) The periodic assessment of the risk profile of credit institutions and financial institutions for the purpose of selection for direct supervision should rely on data to be provided by the financial supervisors or, in respect of already selected obliged entities, by the Authority. In addition, the Authority should ensure the harmonised application of the methodology by financial supervisors and coordinate the assessment of the risk profile of entities at group-wide level. An implementing technical standard should specify the respective roles of the Authority and the financial supervisors in the assessment process. The Authority should ensure alignment, where appropriate, between the methodology for the assessment of the risk profile for the purpose of selection pursuant to this Regulation, and the methodology for harmonising the assessment of the inherent and residual risk profiles of obliged entities at national level to be developed in the regulatory technical standards adopted pursuant to Article 40(2) of Directive (EU) 2024/1640.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.