What changes on 08/07/2016
The text in force from 01/01/2016 compared with the text from 08/07/2016.
185 inserted
0 amended
0 deleted
0 moved
Read the act as of 08/07/2016 · other versions: 28/07/2016
Chapter I › Section I
- inserted Article 1 - Subject matter
- inserted Article 2 - Definitions
Chapter I › Section II
- inserted Article 3 - Information to be included in a recovery plan
- inserted Article 4 - Summary of the key elements of the recovery plan
- inserted Article 5 - Governance
- inserted Article 6 - Strategic analysis
- inserted Article 7 - The description of entities covered by the recovery plan
- inserted Article 8 - Recovery options
- inserted Article 9 - Actions, arrangements and measures under recovery options
- inserted Article 10 - Impact assessment
- inserted Article 11 - Feasibility assessment
- inserted Article 12 - Continuity of operations
- inserted Article 13 - Cross references
- inserted Article 14 - Communication and disclosure plan
- inserted Article 15 - Preparatory measures
Chapter I › Section III
- inserted Article 16 - Completeness of recovery plans
- inserted Article 17 - Quality of recovery plans
- inserted Article 18 - Implementation of the arrangements proposed in the recovery plans
- inserted Article 19 - Recovery options
- inserted Article 20 - Specific requirements for group recovery plans
- inserted Article 21 - Nature of the entity or entities being assessed
Chapter II › Section I
Chapter II › Section II
- inserted Article 23 - Stages of assessment
- inserted Article 24 - Feasibility and credibility of liquidation under normal insolvency proceedings
- inserted Article 25 - Identification of a resolution strategy
- inserted Article 26 - Assessment of feasibility of a resolution strategy
- inserted Article 27 - Assessment of feasibility: structure and operations
- inserted Article 28 - Assessment of feasibility: financial resources
- inserted Article 29 - Assessment of feasibility: information
- inserted Article 30 - Assessment of feasibility: cross-border issues
- inserted Article 31 - Assessment of feasibility: other potential impediments
- inserted Article 32 - Assessment of credibility of a resolution strategy
Chapter III
- inserted Article 33 - Prospect to redress financial difficulties
- inserted Article 34 - Terms of the support
- inserted Article 35 - Liquidity and solvency of the providing entity
- inserted Article 36 - Resolvability of the providing entity
Chapter IV
- inserted Article 37 - Definitions
- inserted Article 38 - Elements of independence
- inserted Article 39 - Qualifications, experience, ability, knowledge and resources
- inserted Article 40 - Structural separation
- inserted Article 41 - Material common or conflicting interests
Chapter V › Section I
- inserted Article 42 - Definitions
- inserted Article 43 - Liabilities to which the exclusion from the obligation to include the contractual term referred to in Article 55(1) of Directive 2014/59/EU applies
- inserted Article 44 - Contents of the contractual term required by Article 55(1) of Directive 2014/59/EU
Chapter V › Section II
- inserted Article 45 - General requirements for notifications
- inserted Article 46 - Notification by the management body to a competent authority
- inserted Article 47 - Communication of the competent authority to the resolution authority of the received notification
- inserted Article 48 - Notification of assessment that an institution meets the conditions for resolution set out in points (a) and (b) of Article 32(1) of Directive 2014/59/EU
- inserted Article 49 - Notice
Chapter VI › Section I
- inserted Article 50 - Mapping and identification of resolution college members and possible observers
- inserted Article 51 - Third country resolution authorities as observers in the resolution college
- inserted Article 52 - Communication with the Union parent undertaking
- inserted Article 53 - Establishment and update of contact lists
- inserted Article 54 - Elements of written arrangements and procedures for the functioning of the resolution college
- inserted Article 55 - Establishment and update of written arrangements and procedures for the functioning of the resolution college
- inserted Article 56 - Operational aspects of college meetings and other activities
- inserted Article 57 - Exchange of information
- inserted Article 58 - Communication policy
- inserted Article 59 - Coordination of external communication
- inserted Article 60 - Emergency situations
Chapter VI › Section II › Subsection 1
- inserted Article 61 - Planning of the steps of the joint decision process
- inserted Article 62 - Elements of the joint decision timetable
- inserted Article 63 - Preliminary dialogue on the resolution strategy
- inserted Article 64 - Information from the Union parent undertaking
- inserted Article 65 - Transmission of information from the group-level resolution authority
- inserted Article 66 - Development and circulation of the draft group resolution plan and resolvability assessment
- inserted Article 67 - Consultation with resolution college members
- inserted Article 68 - Discussion with the Union parent undertaking
- inserted Article 69 - Dialogue on the draft resolution plan and resolvability assessment
- inserted Article 70 - Drafting the joint decision on group resolution plan and resolvability assessment
- inserted Article 71 - Reaching joint decision on the group resolution plan and resolvability assessment
- inserted Article 72 - Communication of the joint decision and summary of the group resolution plan to the Union parent undertaking
Chapter VI › Section II › Subsection 2
- inserted Article 73 - Partial disagreement
- inserted Article 74 - Elements of communication of individual decisions
- inserted Article 75 - Communication of individual decisions in the absence of a joint decision
Chapter VI › Section II › Subsection 3
- inserted Article 76 - Suspension of the joint decision process on the group resolution plan and resolvability assessment
- inserted Article 77 - Planning of the steps of the joint decision process on measures to address substantive impediments to resolvability
- inserted Article 78 - Consultation and communication of the report
- inserted Article 79 - Submission of observations of the Union parent undertaking and consultation with the authorities
- inserted Article 80 - Drafting the joint decision on measures to address substantive impediments to resolvability
- inserted Article 81 - Reaching the joint decision
- inserted Article 82 - Communication of the joint decision
- inserted Article 83 - Monitoring the application of the joint decision
Chapter VI › Section II › Subsection 4
- inserted Article 84 - Elements of communication of individual decisions
- inserted Article 85 - Communication of individual decisions in the absence of joint decision
Chapter VI › Section III › Subsection 1
- inserted Article 86 - Planning of the joint decision on minimum requirements for own funds and eligible liabilities
- inserted Article 87 - Proposal at consolidated and Union parent undertaking level
- inserted Article 88 - Proposal at subsidiary level
- inserted Article 89 - Dialogue on the proposed minimum requirements for own funds and eligible liabilities
- inserted Article 90 - Drafting the joint decision on minimum requirements for own funds and eligible liabilities
- inserted Article 91 - Reaching the joint decision on minimum requirements for own funds and eligible liabilities
- inserted Article 92 - Communication of the joint decision on minimum requirements for own funds and eligible liabilities
- inserted Article 93 - Monitoring the application of the joint decision on minimum requirements for own funds and eligible liabilities
Chapter VI › Section III › Subsection 2
- inserted Article 94 - Joint decisions taken at each subsidiary level in the absence of a joint decision at consolidated level
- inserted Article 95 - Elements of communication of individual decisions
- inserted Article 96 - Communication of individual decisions in the absence of joint decision
Chapter VI › Section IV › Subsection 1
- inserted Article 97 - Process for deciding on the need for a group resolution scheme
- inserted Article 98 - Dialogue on the need for a group resolution scheme
- inserted Article 99 - Preparation and communication of the draft assessment or draft decision on the need for a group resolution scheme
- inserted Article 100 - Consultation on the draft assessment or decision on the need for a group resolution scheme
- inserted Article 101 - Finalisation of the assessment or the decision on the need for a group resolution scheme
Chapter VI › Section IV › Subsection 2
- inserted Article 102 - Process of the joint decision on the group resolution scheme
- inserted Article 103 - Preparation and communication of the draft group resolution scheme
- inserted Article 104 - Consultation on the group resolution scheme
- inserted Article 105 - Preparation and communication of the joint decision on the group resolution scheme
- inserted Article 106 - Finalising the joint decision on the group resolution scheme
- inserted Article 107 - Communication of the joint decision to the college
Chapter VI › Section IV › Subsection 3
- inserted Article 108 - Notification in case of disagreement
- inserted Article 109 - Decision-making process between non-disagreeing resolution authorities
Outside any heading
- inserted Recital 1
- inserted Recital 2
- inserted Recital 3
- inserted Recital 4
- inserted Recital 5
- inserted Recital 6
- inserted Recital 7
- inserted Recital 8
- inserted Recital 9
- inserted Recital 10
- inserted Recital 11
- inserted Recital 12
- inserted Recital 13
- inserted Recital 14
- inserted Recital 15
- inserted Recital 16
- inserted Recital 17
- inserted Recital 18
- inserted Recital 19
- inserted Recital 20
- inserted Recital 21
- inserted Recital 22
- inserted Recital 23
- inserted Recital 24
- inserted Recital 25
- inserted Recital 26
- inserted Recital 27
- inserted Recital 28
- inserted Recital 29
- inserted Recital 30
- inserted Recital 31
- inserted Recital 32
- inserted Recital 33
- inserted Recital 34
- inserted Recital 35
- inserted Recital 36
- inserted Recital 37
- inserted Recital 38
- inserted Recital 39
- inserted Recital 40
- inserted Recital 41
- inserted Recital 42
- inserted Recital 43
- inserted Recital 44
- inserted Recital 45
- inserted Recital 46
- inserted Recital 47
- inserted Recital 48
- inserted Recital 49
- inserted Recital 50
- inserted Recital 51
- inserted Recital 52
- inserted Recital 53
- inserted Recital 54
- inserted Recital 55
- inserted Recital 56
- inserted Recital 57
- inserted Recital 58
- inserted Recital 59
- inserted Recital 60
- inserted Recital 61
- inserted Recital 62
- inserted Recital 63
- inserted Recital 64
- inserted Recital 65
- inserted Recital 66
- inserted Recital 67
- inserted Recital 68
- inserted Recital 69
- inserted Recital 70
- inserted Recital 71
- inserted Recital 72
- inserted Recital 73
- inserted Recital 74
- inserted Preamble
Chapter VII
- inserted Article 110 - Entry into force