+13. For the purpose of these guidelines, the following definitions apply: means the competent …

13. For the purpose of these guidelines, the following definitions apply: means the competent …

For the purpose of these guidelines, the following definitions apply:

‘ competent authority ’means the competent authority as defined in point 21 of Article 2(1) of Directive 2014/59/EU and the consolidating supervisor as defined in point 37 thereof as well as the competent authority as defined in point 5 of Article 3 of Directive (EU) 2019/2034 and the group supervisor as defined in point 15 thereof means the institution as defined in point 23 of Article 2(1) of
‘ institution ’Directive 2014/59/EU and the Union parent undertaking as set out in point 26 thereof means the capability of restoring the financial position of an
‘ overall recovery capacity ’institution or of a group in their entirety following a significant deterioration means the recovery plan set out in Articles 5 and 6 of Directive
‘ recovery plan ’2014/59/EU and the group recovery plan set out in Articles 7 and 8 of that Directive refer to qualitative and quantitative indicators established by each institution on the basis of the framework laid down in these
‘ recovery plan indicators ’guidelines to identify the points at which appropriate actions referred to in the recovery plan may be taken as set out in Article 9(1) of Directive 2014/59/EU

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/