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The Bank Recovery and Resolution (No. 2) Order 2014

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).

Requesting the assistance of EBA

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32.  The appropriate regulator may ask EBA to assist the competent authorities in accordance with Article 31(c) of the EBA Regulation to reach a joint decision on—

(a)the assessment of the group recovery plan;

(b)whether to require group institutions to draw up and submit recovery plans on an individual basis; or

(c)whether to direct a UK group entity to submit a revision of the group recovery plan, make specific changes to the plan, propose business changes or take relevant measures.

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