Updated 13/09/2025
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Article 38 - Delegated Regulation 2025/791

Article 38

Coordination of the supervisory assessment of an emergency situation

1.   Where an emergency situation occurs, the competent authority of the home Member State shall coordinate and prepare the assessment of the emergency situation (‘coordinated supervisory assessment’) in cooperation with the members of the college of supervisors pursuant to Article 112(3) of Directive 2013/36/EU.

2.   The coordinated supervisory assessment of the emergency situation shall cover the following:

(a)

the nature and severity of the emergency situation;

(b)

the impact or potential impact of the emergency situation on the institution and on any of its affected or likely to be affected branches;

(c)

the risk of cross-border contagion.

3.   For the purposes of paragraph 2, point (c), the competent authority of the home Member State shall consider the potential systemic consequences in any of the Member States where significant branches are established.