3.2. Information provided by the resolution authority

Upon the identification of objective elements specified in Title II of these Guidelines the resolution authority should, in writing, provide the competent authority with its findings and reasoning.

The competent authority should be informed in each case when the resolution authority:

• - decides to exercise the power to require an institution to contact potential purchasers in order to prepare for the resolution of the institution, pursuant to Article 27(2) of Directive 2014/59/EU;
• - requests the valuation of institutions’ assets and liabilities to be carried out by an independent valuer, or decides that the provisional valuation will be conducted by the resolution authority, pursuant to Article 36 of Directive 2014/59/EU;
• - receives results of the valuation of an institution’ s assets and liabilities, pursuant to Article 36 of Directive 2014/59/EU, from the independent valuer or determines the result of the provisional valuation that it has conducted.