The European Central Bank (ECB) has today launched a public consultation on Part 2 of the Guide to assessments of license applications (the “Licensing Guide”). Part 2 complements the Licensing Guide published in March 2018 and both documents should be read together as one guide. This Licensing Guide is intended as a practical tool to support those involved in the process of authorisation and to ensure a smooth and effective procedure and assessment, but it is not legally binding in nature.

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Click here to access the Consultation document.