Supervisory Review & Evaluation Process (SREP) Support for Investment Firms

There is a direct link between positive SREP outcomes and capital requirements. The Supervisory Review & Evaluation Process (SREP) is a rigorous review executed by the Central Bank of Ireland (CBI), enabling the regulator to form a view of a firm’s viability and sustainability. It involves detailed assessment and scoring of core components of the supervised entity; from the strategy, business model and governance structure to the risk profile, covering capital and liquidity risks in addition to key non-financial risks.

A successful outcome from the SREP is significant for your firm on many levels. It is enabled through preparation in advance, focussed management of this resource-intensive process and open engagement with the regulator throughout. Grant Thornton is here to support you through the process.

How we can help

We are here to discuss how we can support your firm with an impending SREP. It’s a resource-intensive process and we are ready to provide the support you need to enable a structured and smooth process. 

We will set out what you can expect throughout the process, agree ways af working and promptly set out the key components to enable a successful engagement with the regulator. We will:

• Provide specialised support and insights to brainstorm potential focus areas in advance of the review;
• Act as a single point of contact to co-ordinate and manage the information flow to/from the CBI during the review;
• Manage CBI requests and queries, communicating with internal stakeholders to draft responses and tracking to resolution;
• Provide industry and regulatory insights and knowledge throughout the process;
• Support Management and Board members with preparation for CBI workshops and interviews;
• Ensure consistent messaging in all engagement with the CBI; and,
• Provide regular updates to Management and the Board.

Our experience

Our experience in supporting and guiding investment firms through the SREP process is unrivalled. Our team of multi-disciplinary professionals can provide specialist input, having been engaged by firms across the industry to provide support through this comprehensive process.

We have the right people to work closely with your team as you navigate the SREP. We understand the intensity of the process, how to manage it efficiently and have the industry and regulatory knowledge to provide valuable insights to support you.

We have in-house subject-matter experts, including former regulators, available to provide specialist support on all elements of the review in real time during the review.

Contact us today for tailored solutions to support your firm.

Learn more about how our Regulatory solutions can help you

Visit our Regulatory page