Regulatory Technical Standards on independent valuers
- Status: Adopted and published in the Official Journal of the EU
These RTS set forth general criteria to be used in order to determine, on a case by case basis, whether a valuer complies with the legal requirement of independence when performing valuation tasks with respect to a bank under resolution. These RTS also identify the circumstances under which a person will be deemed independent from both the resolution authority and the institution or entity subject to the valuation.