Updated 07/09/2024
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Article 39 - Implementation and monitoring of the business reorganisation plan

Article 39

Implementation and monitoring of the business reorganisation plan

1.   The CCP shall implement the business reorganisation plan and shall submit a report to the resolution authority and the competent authority as requested and, at least, every six months on its progress in implementing that plan.

2.   The resolution authority, in agreement with the competent authority, may require the CCP to revise the plan where necessary to achieve the aim referred to in Article 37(1).