TITLE VII

PRUDENTIAL SUPERVISION
CHAPTER 2

Review Processes
Section IV

Supervisory measures and powers

Supervisory measures
Article 102
1
Competent authorities shall require an institution to take the necessary measures at an early stage to address relevant problems in the following circumstances:
a
the institution does not meet the requirements of this Directive or of Regulation (EU) No 575/2013;
b
the competent authorities have evidence that the institution is likely to breach the requirements of this Directive or of Regulation (EU) No 575/2013 within the following 12 months.
2
For the purposes of paragraph 1, the powers of competent authorities shall include those referred to in Article 104.