Updated 18/10/2024
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Version from: 08/07/2016
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Article 27 - Assessment of feasibility: structure and operations

Article 27

Assessment of feasibility: structure and operations

Resolution authorities shall consider at least the following issues in assessing whether there are potential impediments to resolution related to the structure and operations of the institution or group:

(1) 

matters addressed in points 1 to 7, 16, 18 and 19 of Section C of the Annex to Directive 2014/59/EU;

(2) 

dependencies of material entities and core business lines on infrastructure, information technology, treasury or finance functions, employees or other critical shared services;

(3) 

whether governance, control, and risk management arrangements are consistent with any planned changes to the structure of the institution or group;

(4) 

whether the legal and franchise structure of the institution or group is consistent with any planned changes to the business structure of the institution or group;

(5) 

whether appropriate resolution tools are available with respect to each legal entity as required to deliver the resolution strategy.