+TITLE III EARLY INTERVENTION
---+Article 27 Early intervention measures
------+Article 27 1.
------+Article 27 2.
------+Article 27 3.
------+Article 27 4.
------+Article 27 5.
---+Article 28 Removal of senior management and management body
---+Article 29 Temporary administrator
------+Article 29 1.
------+Article 29 2.
------+Article 29 3.
------+Article 29 4.
------+Article 29 5.
------+Article 29 6.
------+Article 29 7.
------+Article 29 8.
------+Article 29 9.
------+Article 29 10.
---+Article 30 Coordination of early intervention measures and appointment of temporary administrator in relation to groups
------+Article 30 1.
------+Article 30 2.
------+Article 30 3.
------+Article 30 4.
------+Article 30 5.
------+Article 30 6.
------+Article 30 7.
------+Article 30 8.

TITLE III EARLY INTERVENTION

TITLE III EARLY INTERVENTION

1. Overview

,
Summary Regulation
Article 27 Early intervention measures
Article 28 Removal of senior management and management body

Article 28

Removal of senior management and management body

Where there is a significant deterioration in the financial situation of an institution or where there are serious infringements of law, of regulations or of the statutes of the institution, or serious administrative irregularities, and other measures taken in accordance with Article 27 are not sufficient to reverse that deterioration, Member States shall ensure that competent authorities may require the removal of the senior management or management body of the institution, in its entirety or with regard to individuals. The appointment of the new senior management or management body shall be done in accordance with national and Union law and be subject to the approval or consent of the competent authority.

Article 29 Temporary administrator
Article 30 Coordination of early intervention measures and appointment of temporary administrator in relation to groups

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
  • Builddate: 11.05.2026 00:00:00 -Doknr: CELEX:32014L0059
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