+▼C1 COMMISSION DELEGATED REGULATION (EU) 2016/1075 of 23 March 2016 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the content of recovery plans, resolution plans and group resolution plans, the minimum criteria that the competent authority is to assess as regards recovery plans and group recovery plans, the conditions for group financial support, the requirements for independent valuers, the contractual recognition of write-down and conversion powers, the procedures and contents of notification requirements and of notice of suspension and the operational functioning of the resolution colleges ▼B (Text with EEA relevance)
---+CHAPTER I COMMON PROVISIONS AND RECOVERY PLANS
------+SECTION I Common provisions
---------+Article 1 Subject matter
---------+Article 2 Definitions
------+SECTION II Content of recovery plans
---------+Article 3 Information to be included in a recovery plan
---------+Article 4 Summary of the key elements of the recovery plan
------------+Article 4 1.
------------+Article 4 2.
---------+Article 5 Governance
---------+Article 6 Strategic analysis
------------+Article 6 1.
------------+Article 6 2.
---------+Article 7 The description of entities covered by the recovery plan
------------+Article 7 1.
------------+Article 7 2.
---------+Article 8 Recovery options
------------+Article 8 1.
------------+Article 8 2.
------------+Article 8 3.
------------+Article 8 4.
------------+Article 8 5.
---------+Article 9 Actions, arrangements and measures under recovery options
------------+Article 9 1.
------------+Article 9 2.
---------+Article 10 Impact assessment
---------+Article 11 Feasibility assessment
------------+Article 11 1.
------------+Article 11 2.
---------+Article 12 Continuity of operations
------------+Article 12 1.
------------+Article 12 2.
------------+Article 12 3.
---------+Article 13 Cross references
---------+Article 14 Communication and disclosure plan
------------+Article 14 1.
------------+Article 14 2.
------------+Article 14 3.
---------+Article 15 Preparatory measures
------------+Article 15 1.
------------+Article 15 2.
------+SECTION III Assessment of recovery plans
---------+Article 16 Completeness of recovery plans
---------+Article 17 Quality of recovery plans
---------+Article 18 Implementation of the arrangements proposed in the recovery plans
------------+Article 18 1.
------------+Article 18 2.
---------+Article 19 Recovery options
---------+Article 20 Specific requirements for group recovery plans
---------+Article 21 Nature of the entity or entities being assessed
---+CHAPTER II RESOLUTION PLANS
------+SECTION I Content of resolution plans
---------+Article 22 Categories of information to be included in resolution plans
------+SECTION II Assessment of resolvability
---------+Article 23 Stages of assessment
------------+Article 23 1.
------------+Article 23 2.
------------+Article 23 3.
------------+Article 23 4.
------------+Article 23 5.
------------+Article 23 6.
------------+Article 23 7.
---------+Article 24 Feasibility and credibility of liquidation under normal insolvency proceedings
------------+Article 24 1.
------------+Article 24 2.
------------+Article 24 3.
------------+Article 24 4.
---------+Article 25 Identification of a resolution strategy
------------+Article 25 1.
------------+Article 25 2.
------------+Article 25 3.
------------+Article 25 4.
------------+Article 25 5.
---------+Article 26 Assessment of feasibility of a resolution strategy
------------+Article 26 1.
------------+Article 26 2.
------------+Article 26 3.
---------+Article 27 Assessment of feasibility: structure and operations
---------+Article 28 Assessment of feasibility: financial resources
---------+Article 29 Assessment of feasibility: information
---------+Article 30 Assessment of feasibility: cross-border issues
---------+Article 31 Assessment of feasibility: other potential impediments
---------+Article 32 Assessment of credibility of a resolution strategy
------------+Article 32 1.
------------+Article 32 2.
---+CHAPTER III INTRA GROUP FINANCIAL SUPPORT
------+Article 33 Prospect to redress financial difficulties
---------+Article 33 1.
---------+Article 33 2.
------+Article 34 Terms of the support
---------+Article 34 1.
---------+Article 34 2.
---------+Article 34 3.
---------+Article 34 4.
---------+Article 34 5.
------+Article 35 Liquidity and solvency of the providing entity
---------+Article 35 1.
---------+Article 35 2.
------+Article 36 Resolvability of the providing entity
---------+Article 36 1.
---------+Article 36 2.
---------+Article 36 3.
---+CHAPTER IV INDEPENDENCE OF VALUERS
------+Article 37 Definitions
------+Article 38 Elements of independence
------+Article 39 Qualifications, experience, ability, knowledge and resources
---------+Article 39 1.
---------+Article 39 2.
---------+Article 39 3.
---------+Article 39 4.
------+Article 40 Structural separation
---------+Article 40 1.
---------+Article 40 2.
------+Article 41 Material common or conflicting interests
---------+Article 41 1.
---------+Article 41 2.
---------+Article 41 3.
---------+Article 41 4.
---------+Article 41 5.
---------+Article 41 6.
---+CHAPTER V RESOLUTION
------+SECTION I Contractual recognition and conversion powers
---------+Article 42 Definitions
---------+Article 43 Liabilities to which the exclusion from the obligation to include the contractual term referred to in Article 55(1) of Directive 2014/59/EU applies
------------+Article 43 1.
------------+Article 43 2.
------------+Article 43 3.
------------+Article 43 4.
---------+Article 44 Contents of the contractual term required by Article 55(1) of Directive 2014/59/EU
------+SECTION II Notifications and notice of suspension
---------+Article 45 General requirements for notifications
------------+Article 45 (1)
------------+Article 45 (2)
------------+Article 45 (3)
------------+Article 45 (4)
------------+Article 45 (5)
---------+Article 46 Notification by the management body to a competent authority
------------+Article 46 (1)
------------+Article 46 (2)
---------+Article 47 Communication of the competent authority to the resolution authority of the received notification
---------+Article 48 Notification of assessment that an institution meets the conditions for resolution set out in points (a) and (b) of Article 32(1) of Directive 2014/59/EU
------------+Article 48 1.
------------+Article 48 2.
------------+Article 48 3.
---------+Article 49 Notice
------------+Article 49 1.
------------+Article 49 2.
---+CHAPTER VI RESOLUTION COLLEGES
------+SECTION I Operational organisation of resolution colleges
---------+Article 50 Mapping and identification of resolution college members and possible observers
------------+Article 50 1.
------------+Article 50 2.
------------+Article 50 3.
------------+Article 50 4.
---------+Article 51 Third country resolution authorities as observers in the resolution college
------------+Article 51 1.
------------+Article 51 2.
------------+Article 51 3.
------------+Article 51 4.
------------+Article 51 5.
---------+Article 52 Communication with the Union parent undertaking
------------+Article 52 1.
------------+Article 52 2.
---------+Article 53 Establishment and update of contact lists
------------+Article 53 1.
------------+Article 53 2.
---------+Article 54 Elements of written arrangements and procedures for the functioning of the resolution college
------------+Article 54 1.
------------+Article 54 2.
---------+Article 55 Establishment and update of written arrangements and procedures for the functioning of the resolution college
------------+Article 55 1.
------------+Article 55 2.
------------+Article 55 3.
------------+Article 55 4.
------------+Article 55 5.
------------+Article 55 6.
---------+Article 56 Operational aspects of college meetings and other activities
------------+Article 56 1.
------------+Article 56 2.
------------+Article 56 3.
------------+Article 56 4.
------------+Article 56 5.
------------+Article 56 6.
---------+Article 57 Exchange of information
------------+Article 57 1.
------------+Article 57 2.
------------+Article 57 3.
------------+Article 57 4.
------------+Article 57 5.
------------+Article 57 6.
------------+Article 57 7.
------------+Article 57 8.
---------+Article 58 Communication policy
------------+Article 58 1.
------------+Article 58 2.
---------+Article 59 Coordination of external communication
------------+Article 59 1.
------------+Article 59 2.
---------+Article 60 Emergency situations
------------+Article 60 1.
------------+Article 60 2.
------+SECTION II Group resolution planning joint decisions
---------+Subsection 1 Joint decision process on group resolution plan and resolvability assessment
------------+Article 61 Planning of the steps of the joint decision process
---------------+Article 61 1.
---------------+Article 61 2.
---------------+Article 61 3.
------------+Article 62 Elements of the joint decision timetable
---------------+Article 62 1.
---------------+Article 62 2.
---------------+Article 62 3.
------------+Article 63 Preliminary dialogue on the resolution strategy
------------+Article 64 Information from the Union parent undertaking
---------------+Article 64 1.
---------------+Article 64 2.
---------------+Article 64 3.
---------------+Article 64 4.
------------+Article 65 Transmission of information from the group-level resolution authority
---------------+Article 65 1.
---------------+Article 65 2.
---------------+Article 65 3.
---------------+Article 65 4.
---------------+Article 65 5.
------------+Article 66 Development and circulation of the draft group resolution plan and resolvability assessment
---------------+Article 66 1.
---------------+Article 66 2.
---------------+Article 66 3.
------------+Article 67 Consultation with resolution college members
---------------+Article 67 1.
---------------+Article 67 2.
---------------+Article 67 3.
---------------+Article 67 4.
------------+Article 68 Discussion with the Union parent undertaking
------------+Article 69 Dialogue on the draft resolution plan and resolvability assessment
---------------+Article 69 1.
---------------+Article 69 2.
---------------+Article 69 3.
---------------+Article 69 4.
------------+Article 70 Drafting the joint decision on group resolution plan and resolvability assessment
------------+Article 71 Reaching joint decision on the group resolution plan and resolvability assessment
---------------+Article 71 1.
---------------+Article 71 2.
---------------+Article 71 3.
---------------+Article 71 4.
------------+Article 72 Communication of the joint decision and summary of the group resolution plan to the Union parent undertaking
---------------+Article 72 1.
---------------+Article 72 2.
---------------+Article 72 3.
---------+Subsection 2 Process in the absence of joint decision on group resolution plan and resolvability assessment
------------+Article 73 Partial disagreement
---------------+Article 73 1.
---------------+Article 73 2.
---------------+Article 73 3.
------------+Article 74 Elements of communication of individual decisions
---------------+Article 74 1.
---------------+Article 74 2.
---------------+Article 74 3.
------------+Article 75 Communication of individual decisions in the absence of a joint decision
---------------+Article 75 1.
---------------+Article 75 2.
---------+Subsection 3 Joint decision on measures to address substantive impediments to resolvability
------------+Article 76 Suspension of the joint decision process on the group resolution plan and resolvability assessment
---------------+Article 76 1.
---------------+Article 76 2.
------------+Article 77 Planning of the steps of the joint decision process on measures to address substantive impediments to resolvability
---------------+Article 77 1.
---------------+Article 77 2.
---------------+Article 77 3.
---------------+Article 77 4.
---------------+Article 77 5.
------------+Article 78 Consultation and communication of the report
---------------+Article 78 1.
---------------+Article 78 2.
---------------+Article 78 3.
---------------+Article 78 4.
------------+Article 79 Submission of observations of the Union parent undertaking and consultation with the authorities
---------------+Article 79 1.
---------------+Article 79 2.
---------------+Article 79 3.
---------------+Article 79 4.
---------------+Article 79 5.
---------------+Article 79 6.
------------+Article 80 Drafting the joint decision on measures to address substantive impediments to resolvability
---------------+Article 80 1.
---------------+Article 80 2.
------------+Article 81 Reaching the joint decision
---------------+Article 81 1.
---------------+Article 81 2.
---------------+Article 81 3.
---------------+Article 81 4.
------------+Article 82 Communication of the joint decision
---------------+Article 82 1.
---------------+Article 82 2.
---------------+Article 82 3.
---------------+Article 82 4.
------------+Article 83 Monitoring the application of the joint decision
---------------+Article 83 1.
---------------+Article 83 2.
---------------+Article 83 3.
---------+Subsection 4 Process in the absence of joint decision on measures to address substantive impediments to resolvability
------------+Article 84 Elements of communication of individual decisions
---------------+Article 84 1.
---------------+Article 84 2.
---------------+Article 84 3.
------------+Article 85 Communication of individual decisions in the absence of joint decision
---------------+Article 85 1.
---------------+Article 85 2.
------+SECTION III Joint decision process on minimum requirements for own funds and eligible liabilities
---------+Subsection 1 Joint decision process
------------+Article 86 Planning of the joint decision on minimum requirements for own funds and eligible liabilities
---------------+Article 86 1.
---------------+Article 86 2.
---------------+Article 86 3.
---------------+Article 86 4.
---------------+Article 86 5.
---------------+Article 86 6.
------------+Article 87 Proposal at consolidated and Union parent undertaking level
---------------+Article 87 1.
---------------+Article 87 2.
---------------+Article 87 3.
---------------+Article 87 4.
------------+Article 88 Proposal at subsidiary level
---------------+Article 88 1.
---------------+Article 88 2.
---------------+Article 88 3.
---------------+Article 88 4.
------------+Article 89 Dialogue on the proposed minimum requirements for own funds and eligible liabilities
---------------+Article 89 1.
---------------+Article 89 2.
------------+Article 90 Drafting the joint decision on minimum requirements for own funds and eligible liabilities
---------------+Article 90 1.
---------------+Article 90 2.
------------+Article 91 Reaching the joint decision on minimum requirements for own funds and eligible liabilities
---------------+Article 91 1.
---------------+Article 91 2.
---------------+Article 91 3.
---------------+Article 91 4.
------------+Article 92 Communication of the joint decision on minimum requirements for own funds and eligible liabilities
---------------+Article 92 1.
---------------+Article 92 2.
---------------+Article 92 3.
---------------+Article 92 4.
------------+Article 93 Monitoring the application of the joint decision on minimum requirements for own funds and eligible liabilities
---------------+Article 93 1.
---------------+Article 93 2.
---------------+Article 93 3.
---------------+Article 93 4.
---------+Subsection 2 Process in the absence of a joint decision at consolidated level
------------+Article 94 Joint decisions taken at each subsidiary level in the absence of a joint decision at consolidated level
------------+Article 95 Elements of communication of individual decisions
---------------+Article 95 1.
---------------+Article 95 2.
---------------+Article 95 3.
------------+Article 96 Communication of individual decisions in the absence of joint decision
---------------+Article 96 1.
---------------+Article 96 2.
------+SECTION IV Cross-border group resolution
---------+Subsection 1 Decision on the need for a group resolution scheme under Articles 91 and 92 of Directive 2014/59/EU
------------+Article 97 Process for deciding on the need for a group resolution scheme
------------+Article 98 Dialogue on the need for a group resolution scheme
---------------+Article 98 1.
---------------+Article 98 2.
---------------+Article 98 3.
------------+Article 99 Preparation and communication of the draft assessment or draft decision on the need for a group resolution scheme
---------------+Article 99 1.
---------------+Article 99 2.
---------------+Article 99 3.
---------------+Article 99 4.
---------------+Article 99 5.
---------------+Article 99 6.
------------+Article 100 Consultation on the draft assessment or decision on the need for a group resolution scheme
---------------+Article 100 1.
---------------+Article 100 2.
---------------+Article 100 3.
---------------+Article 100 4.
------------+Article 101 Finalisation of the assessment or the decision on the need for a group resolution scheme
---------------+Article 101 1.
---------------+Article 101 2.
---------------+Article 101 3.
---------------+Article 101 4.
---------------+Article 101 5.
---------+Subsection 2 Joint decision process on the group resolution scheme
------------+Article 102 Process of the joint decision on the group resolution scheme
------------+Article 103 Preparation and communication of the draft group resolution scheme
---------------+Article 103 1.
---------------+Article 103 2.
---------------+Article 103 3.
---------------+Article 103 4.
---------------+Article 103 5.
------------+Article 104 Consultation on the group resolution scheme
---------------+Article 104 1.
---------------+Article 104 2.
---------------+Article 104 3.
---------------+Article 104 4.
------------+Article 105 Preparation and communication of the joint decision on the group resolution scheme
---------------+Article 105 1.
---------------+Article 105 2.
---------------+Article 105 3.
---------------+Article 105 4.
---------------+Article 105 5.
------------+Article 106 Finalising the joint decision on the group resolution scheme
---------------+Article 106 1.
---------------+Article 106 2.
------------+Article 107 Communication of the joint decision to the college
---------------+Article 107 1.
---------------+Article 107 2.
---------+Subsection 3 Disagreements and decisions taken in the absence of a joint decision
------------+Article 108 Notification in case of disagreement
---------------+Article 108 1.
---------------+Article 108 2.
---------------+Article 108 3.
------------+Article 109 Decision-making process between non-disagreeing resolution authorities
---------------+Article 109 1.
---------------+Article 109 2.
---+CHAPTER VII FINAL PROVISIONS
------+Article 110 Entry into force
 English - European Union - Financial Industry -

▼C1 COMMISSION DELEGATED REGULATION (EU) 2016/1075 of 23 March 2016 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the content of recovery plans, resolution plans and group resolution plans, the minimum criteria that the competent authority is to assess as regards recovery plans and group recovery plans, the conditions for group financial support, the requirements for independent valuers, the contractual recognition of write-down and conversion powers, the procedures and contents of notification requirements and of notice of suspension and the operational functioning of the resolution colleges ▼B (Text with EEA relevance)

▼C1

COMMISSION DELEGATED REGULATION (EU) 2016/1075

of 23 March 2016

supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the content of recovery plans, resolution plans and group resolution plans, the minimum criteria that the competent authority is to assess as regards recovery plans and group recovery plans, the conditions for group financial support, the requirements for independent valuers, the contractual recognition of write-down and conversion powers, the procedures and contents of notification requirements and of notice of suspension and the operational functioning of the resolution colleges

▼B

(Text with EEA relevance)

This Regulation shall be binding in its entirety and directly applicable in all Member States.

1. Ħarsa ġenerali

,
CHAPTER I COMMON PROVISIONS AND RECOVERY PLANS CHAPTER I COMMON PROVISIONS AND RECOVERY PLANS
CHAPTER II RESOLUTION PLANS CHAPTER II RESOLUTION PLANS
CHAPTER III INTRA GROUP FINANCIAL SUPPORT CHAPTER III INTRA GROUP FINANCIAL SUPPORT
CHAPTER IV INDEPENDENCE OF VALUERS CHAPTER IV INDEPENDENCE OF VALUERS
CHAPTER V RESOLUTION CHAPTER V RESOLUTION
CHAPTER VI RESOLUTION COLLEGES CHAPTER VI RESOLUTION COLLEGES
CHAPTER VII FINAL PROVISIONS CHAPTER VII FINAL PROVISIONS

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards

Kwistjonijiet marbuta

Links
is related to Imported: Delegierte Verordnung (EU) 2016/1075 (RTS Sanierungspläne, Abwicklungspläne und Kollegien) (CELEX:02016R1075-20160708)