44. ‘Weak’ ORC should lead either to the assessment of a material deficiency in the recovery plan …

‘Weak’ ORC should lead either to the assessment of a material deficiency in the recovery plan in accordance with Article 6 of Directive 2014/59/EU or to the identification of a specific area of improvement related to the ORC in the competent authorities’ assessment of the institutions’ recovery plan.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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