9. In relation to the measure of imposing specific or regular information requirements relevant for …

In relation to the measure of imposing specific or regular information requirements relevant for resolution purposes pursuant to point (c) of Article 17(5) of Directive 2014/59/EU, the following specifications apply:

• (a) Resolution authorities should consider imposing information requirements if they assess that these requirements enable them to apply the resolution tools envisaged under the resolution strategy more effectively, or to draw up an effective resolution plan.
• (b) Resolution authorities should consider requiring institutions to produce information used to inform the management about the situation of the institution (management information), including financial statements and information on capital and subordinated debt, available for each legal entity relevant for the implementation of the resolution strategy, in particular if it is envisaged as a point of entry under an MPE approach, and to be able to produce legal entity specific information for all entities the failure of which is likely to negatively affect financial stability in any jurisdiction upon request.
• (c) If an institution has complicated intra-group operational services arrangements, resolution authorities should consider requiring the information necessary to fully clarify the structure of these arrangements.
• (d) If applying this measure, resolution authorities should ensure that institutions are in the position to produce up-to-date information required within the timeframe necessary under the resolution strategy, and the institution's information systems should provide all data needed to develop and implement the resolution strategy, and to support a credible valuation before and during resolution including those required by Articles 36 and 74. Institutions should in particular ensure the availability of information required by the resolution authorities to identify:
• - the critical functions,
• - the creditors or types of creditors most likely to absorb losses during resolution,
• - the creditors of liabilities of particular relevance for critical functions or the implementation of the resolution strategy such as covered and non-covered deposits by SMEs and natural persons (i.e. single customer view), and
• - positions, services and functions essential for the risk management of the group which have to be maintained to ensure the continuation of critical functions.

1. Ülevaade

1.1 Viited

1.2 Tuvastatud nõuded

1.3 Seotud standardid

2. Tuvastatud nõuded

3. Seotud standardid

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