Where the administrative or judicial authorities of the host Member State deem it necessary to implement within their territory one or more reorganisation measures, they shall inform the competent authorities of the home Member State accordingly. Information shall be communicated by the host Member State's competent authorities.
◷
New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD).
37 provisions change.
Article 5 moves to another heading in this version: compare.