Updated 05/02/2025
In force

Version from: 24/03/2022
Amendments
Rundschreiben 09/2019
Published: 30/08/2019
Art. 7
EBA/DC/2020/336
Published: 05/06/2020
Art. 7
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BRRD ToolImplementing Regulation 2018/1624
Article 7

Article 7 - Implementing Regulation 2018/1624

Article 7

Provision of additional information for the purpose of individual or group resolution plans

1.  
Where a resolution authority or a group-level resolution authority, considers information not covered by any template set out in Annex I to be necessary for the purposes of drawing up and implementing resolution plans, or where the format in which additional information is provided by the competent authority pursuant to Article 8(2) is not suitable for the purposes of drawing up or implementing resolution plans, the resolution authority shall request such information from the institution or the Union parent undertaking.
2.  

For the purposes of the request pursuant to paragraph 1, the resolution authority shall:

(a) 

identify the additional information to be provided;

(b) 

specify, taking into account the volume and complexity of the required information, the appropriate timeframe within which the institution or, in the case of groups the Union parent undertaking, shall provide the information to the resolution authority;

(c) 

specify the format to be used by institutions or, in the case of groups, by Union parent undertakings in order to provide the information to the resolution authority;

(d) 

specify whether the information has to be completed on an individual or group level basis and whether its scope is local, Union-wide or global;

(e) 

provide the necessary contact details for the purposes of providing the additional information.