Scope of application

These guidelines apply in relation to the assessment by competent authorities of the exceptional cases referred to in Article 396(1) of Regulation (EU) No 575/2013. They also apply to how competent authorities can determine the time considered appropriate for returning to compliance and the measures to be taken to ensure the timely return to compliance of the institution, including the submission of a compliance plan.

These guidelines do not apply to the cases set out in Article 395(5) of Regulation (EU) No 575/2013 as long as the institution fulfils the conditions laid down therein.