56. Resolution authorities should identify the approvals or consents that would not fall under the …

Resolution authorities should identify the approvals or consents that would not fall under the exemptions referred to in Article 63(2) of Directive 2014/59/EU and ensure that the sale process addresses them. Those may include the approval from the European Commission regarding the concentration of a European dimension in line with the Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings (EU Merger Control rules -EUMR-)¹⁷ . Resolution authorities should consider interactions with the market authorities and any other authorities expected to intervene in the sale process. Said interactions with other authorities should occur timely and should not render the sale timeline inappropriate with regards to resolvability.

¹⁷ Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings (the EC Merger Regulation) (OJ L 024 , 29/01/2004 P. 0001 - 0022).

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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