Publication of methodologies for the supervision of Less Significant Institutions
In its 2017 November report on “LSI supervision within the SSM”;, the ECB indicates that among other actions it has developed a common Supervisory Review and Evaluation Process (SREP) methodology for Less Significant Institutions (LSIs) to foster convergence of supervisory practices. This tool was developed with and is available for National Competent Authorities (NCAs); however