The administrative or judicial authorities of the home Member State shall without delay inform, by any available means, the competent authorities of the host Member State of their decision to adopt any reorganisation measure, including the practical effects which such a measure may have, if possible before it is adopted or otherwise immediately thereafter. Information shall be communicated by the competent authorities of the home Member State.
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New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD).
37 provisions change.
Article 4 moves to another heading in this version: compare.