CHAPTER VIU.K. RESOLUTION COLLEGES

SECTION II U.K. Group resolution planning joint decisions

Subsection 1 U.K. Joint decision process on group resolution plan and resolvability assessment

Article 68U.K.Discussion with the Union parent undertaking

When the group-level resolution authority organises a discussion on the draft group resolution plan and resolvability assessment with the Union parent undertaking pursuant to Article 61(2)(h) it shall do so in a timely manner and in any event within the time limits specified in the relevant step of the joint decision timetable. The group-level resolution authority shall communicate to the resolution authorities of subsidiaries any observations submitted by the Union parent undertaking during this consultation.