Updated 17/10/2024
In force

Version from: 26/06/2021
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Article 24 - Permanent capacity to respond to systemic risks

Article 24

Permanent capacity to respond to systemic risks

1.  
The Authority shall ensure it has specialised and ongoing capacity to respond effectively to the materialisation of systemic risks as referred to in Articles 22 and 23, in particular, with respect to institutions that pose a systemic risk.
2.  
The Authority shall fulfil the tasks conferred upon it in this Regulation and in the legislation referred to in Article 1(2), and shall contribute to ensuring a coherent and coordinated crisis management and resolution regime in the Union.