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  1. Point in time
    2024-12-18

Article 47 Communication of the competent authority to the resolution authority of the received notification

Upon receipt of the notification referred to in Article 46, the competent authority shall immediately send the following information to the resolution authority:

  1. (1)

    a copy of the notification received including all the information referred to in Article 46(1);

  2. (2)

    the details of crisis prevention measures or actions referred to in article 182 of the Bank Recovery and Resolution (No. 2) Order 2014 that the competent authority has taken or requires a recovery and resolution entity to take, where relevant;

  3. (3)

    any additional supporting documents the competent authority deems necessary for the resolution authority to be able to take an informed decision.