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Article 9 - Implementing Regulation 710/2014

Article 9

Preparation of the contributions to the draft capital joint decision and draft liquidity joint decision

1.   The relevant competent authorities shall provide their contributions to the draft capital joint decision and draft liquidity joint decision to the consolidating supervisor in a timely manner and in any event by the deadline specified in the joint decision timetable pursuant to point (f) of Article 3(2). Contributions shall cover all institutions within a group of institutions falling within the scope of the joint decision process.

2.   The consolidating supervisor shall contribute to the draft capital joint decision. Its contributions shall include all of the following:

(a)

all institutions of a group at individual level which are authorised in the jurisdiction of the consolidating supervisor and which fall into the scope of the joint decision process;

(b)

the group of institutions at consolidated level.

3.   The consolidating supervisor shall contribute to the draft liquidity joint decision. Its contributions shall include all of the following:

(a)

all institutions of a group at individual level where these institutions are authorised in the jurisdiction of the consolidating supervisor and which fall into the scope of the joint decision process;

(b)

the group of institutions at consolidated level.

4.   Contributions to the draft capital joint decision shall set out each of the items referred to in Article 10.

5.   Contributions to the draft liquidity joint decision shall set out each of the items referred to in Article 11.