EBU Single Rulebook Q&A 30 June 2015 2015_2082 Assessment of group recovery plans

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European Union · · · 24-07-2015

Should group recovery plans be assessed in the same way as recovery plans in Article 6 of Directive 2014/59/EU (BRRD)? Is the reference to Article 7 (1) contained in Article 6 (1) correct? Article 6 of Directive 2014/59/EU (BRRD) provides for a procedure regarding the assessment of recovery plans. Should such procedure be also applied to group recovery plan?

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