Implementing Regulation (EU) 2021/622 is amended as follows:
Article 2 is amended as follows:
the title is replaced by the following:
‘Article 2
Simplified reporting requirement for institutions subject to waivers’;
paragraph 2 is deleted;
in Article 3, the introductory wording is replaced by the following:
‘For groups that are subject to MREL on a consolidated basis pursuant to Article 45e, Article 45f(1), third and fourth subparagraphs, and Article 45f(4), point (b), of Directive 2014/59/EU, the information referred to in Articles 1 and 2 shall be submitted by the following authorities and in the following manner:’;
Article 4 is replaced by the following:
‘Article 4
Reporting periods and submission dates
Resolution authorities shall transmit the information referred to in Articles 1 and 2 as follows:
for the MREL applicable as of 30 June, by 16 September of that year;
for the MREL applicable as of 31 December, by 18 March of the following year.’;
Annex I is replaced by the text in Annex I to this Regulation;
Annex II is replaced by the text in Annex II to this Regulation.