Open on EUR-Lex ↗

Article 5 - Criteria for the adoption of delegated withdrawal decisions

Comparing 17/09/2019 → 26/09/2021: 0 added, 0 removed, 5 changed Close comparison

1. 1. Withdrawal decisions may be taken by means of a delegated decision if all of the following criteria are met:

(a)((a)) the decision is made on request of the supervised entity or due to a merger,merger whichthat results in the supervised entity ceasing to exist;

(b)((b)) no deposits from the public remain with the supervised entity after the withdrawal has become effective;

(c)((c)) the withdrawal is linked to a reorganisation within a group.

2. 2. The assessment of withdrawal of authorisations shall be carried out in accordance with Article 18 of Directive 2013/36/EU as transposed into national law, also taking into consideration any applicable ECB guides or similar acts as may be issued by the ECB.

Official text · consolidated version 26/09/2021 (in force) Open full page ↗
9 queries · page built in 17 msInventory f82bbfa3