+Article 8 2.

Article 8 2.

The consolidating supervisor and the competent authorities of subsidiaries shall endeavour to reach a joint decision on:

(a) 

the review and assessment of the group recovery plan;

(b) 

whether a recovery plan on an individual basis shall be drawn up for institutions that are part of the group; and

(c) 

the application of the measures referred to in Article 6(5) and (6).

The parties shall endeavour to reach a joint decision within four months of the date of the transmission by the consolidating supervisor of the group recovery plan in accordance with Article 7(3).

EBA may, at the request of a competent authority, assist the competent authorities in reaching a joint decision in accordance with Article 31(c) of Regulation (EU) No 1093/2010.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards