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Technical Standards
2016
Commission Delegated Regulation (EU) 2016/1075
CHAPTER VI RESOLUTION COLLEGES
SECTION II Group resolution planning joint decisio...
Subsection 3 Joint decision on measures to address...
Article 82 Communication of the joint decision

You are viewing the version of the document as on 2021-01-01.

Article 82 Communication of the joint decision

01/01/2021

(1)
The group-level resolution authority shall communicate the joint decision to the management body of the Union parent undertaking in a timely manner and in any event by the time limit specified in the joint decision timetable pursuant to Article 77(2)(g). The group-level resolution authority shall inform the resolution authorities of subsidiaries about that communication.
(2)
Where some of the measures taken in accordance to Article 17(5) and (6) of Directive 2014/59/EU are addressed to specific entities of the group other than the Union parent undertaking, the resolution authorities of subsidiaries shall provide to the management bodies of those entities under their jurisdiction the respective parts of the joint decision on measures to address substantive impediments to resolvability, in a timely manner and in any event by the time limit specified in the joint decision timetable pursuant to Article 77(2)(g).
(3)
The group-level resolution authority may discuss details of the content and the application of the joint decision on measures to address substantive impediments to resolvability with the Union parent undertaking.
(4)
The resolution authorities of subsidiaries may discuss details of the content and the application of the joint decision on measures to address substantive impediments to resolvability with the entities under their jurisdictions.