EBU Single Rulebook Q&A 2 February 2015 2015_1785 Approval of business reorganisation plan

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European Union · · · 06-02-2015

Does only the resolution authority have to be satisfied of the business reorganisation plan referred to in Article 52(7)(8) of Directive 2014/59/EU (BRRD) or is the support of the competent authority required also? Article 52(7) of the BRRD pertains to the assessment of the business reorganisation plan by the resolution authority.

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