Updated 18/09/2024
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Article 11 - Emergency situations

Article 11

Emergency situations

1.   The resolution authority of the CCP shall establish and regularly, at least annually, test operational procedures for the functioning of the resolution college in emergency situations, in particular systemic ones which may pose threats to the viability of the CCP.

2.   The operational procedures referred to in paragraph 1 shall cover at least the following elements:

(a)

secure means of communication to be used;

(b)

set of information to be exchanged;

(c)

relevant persons to be contacted;

(d)

communication procedures to be followed by the relevant resolution college members and observers.