375. When determining that an investment firm is ‘failing or likely to fail’, as reflected by an …

When determining that an investment firm is ‘failing or likely to fail’, as reflected by an overall SREP score of ‘F’, competent authorities, where relevant, should engage with the resolution authorities to consult on findings following the procedure specified in Article 32 of Directive 2014/59/EU. In the case of investment firms that are not subject to Directive 2014/59/EU, but which are assessed as ‘failing or likely to fail’ competent authorities should enhance engagement with the investment firm to ensure its orderly wind-down.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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