Updated 18/10/2024
In force

Version from: 08/07/2016
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Article 21 - Nature of the entity or entities being assessed

Article 21

Nature of the entity or entities being assessed

When assessing the overall credibility of a recovery plan in accordance with Articles 18, 19 and 20, the competent authority shall take into account the nature of the business of the entity or entities covered by the plan, their size and their interconnectedness to other institutions and groups and to the financial system in general.