The process for the assessment of the need for a group resolution scheme shall comprise the following steps to be implemented:
((1))
dialogue, where possible, on the need for a group resolution scheme and for mutualising financing arrangements;
((2))
draft assessment or draft decision on the need for a group resolution scheme by the group-level resolution authority and communication to the members of the resolution college;
((3))
consultation on the draft assessment or draft decision on the need for a group resolution scheme among the members of the resolution college;
((4))
finalisation of the assessment or the decision on the need for a group resolution scheme and communicating to the resolution college.