# Commission Implementing Regulation (EU) 2016/100 of 16 October 2015 laying down implementing technical standards specifying the joint decision process with regard to the application for certain prudential permissions pursuant to Regulation (EU) No 575/2013 of the European Parliament and of the Council (Text with EEA relevance), Article 6: Preparation of the assessment reports

Extent: E+W+S+N.I.

1. The relevant competent authorities and the consolidating supervisor shall assess the application based on the division of work established in accordance with Article 5(1). Those assessments shall take a form of assessment reports.
2. Each relevant competent authority shall provide its assessment report to the consolidating supervisor by the date specified in the timetable pursuant to point (d) of Article 5(2).
3. Each assessment report shall include at least all of the following:
(a) an opinion on whether or not the permission requested should be granted, based on the requirements set out in Article 143(1), Article 151(4) and (9), Article 283, Article 312(2), or Article 363 of Regulation (EU) No 575/2013, together with the reasoning to support the opinion;
(b) terms and conditions, if any, to which such permission should be subject, including corresponding reasoning and a timetable for their fulfilment;
(c) the assessments relating to the matters which competent authorities are required to assess in accordance with the requirements set out in Regulation (EU) No 575/2013 which relate to the permissions referred to in Articles 143, 144, 151, 283, 312 or 363 of that Regulation;
(d) recommendations, if any, on remedying deficiencies revealed while evaluating the application and reaching a joint decision on the application.

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Source: https://www.legislation.gov.uk/eur/2016/100/article/6 (the official version)
Page: https://openlegislation.uk/eu-regulation-2016-100/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.