+8. These Guidelines should be read in conjunction with the conditions laid down in Article 32(1)(b) …
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8. These Guidelines should be read in conjunction with the conditions laid down in Article 32(1)(b) …
These Guidelines should be read in conjunction with the conditions laid down in Article 32(1)(b) and (c) of Directive 2014/59/EU, which specify the other two requirements, in addition to ‘failing or likely to fail’, that need to be met for taking resolution actions. As a consequence, the determination that an institution is failing or likely to fail made by the competent authority and/or the resolution authority in compliance with these Guidelines, does not in itself entail that all conditions to take resolution actions are met. For sake of completeness it is worth keeping in mind that pursuant to Article 32(1)(b) and (c) of Directive 2014/59/EU respectively, the taking of resolution action is also subject to the absence of alternative private sector or supervisory action that can be taken to remedy the situation within a reasonable timeframe, and that the resolution action is necessary in the public interest.
1. Преглед
1.1 Препратки
1.2 Идентифицирани изисквания
1.3 Свързани стандарти
2. Идентифицирани изисквания
Изисквания
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Изискване |
3. Свързани стандарти
Стандарти
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Изискване |
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