Article 60 Emergency situations

  1. (1)

    The group-level resolution authority shall establish and regularly test operational procedures for the functioning of the resolution college in emergency situations, in particular systemic ones, which may pose threats to the viability of any of the group entities.

  2. (2)

    Operational procedures referred to in paragraph 1 shall cover at least the following elements:

    1. (a)

      secure means of communication to be used;

    2. (b)

      set of information to be exchanged;

    3. (c)

      relevant persons to be contacted;

    4. (d)

      communication procedures to be followed by the relevant college members.