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Commission Implementing Regulation (EU) 2018/1624Show full title

Commission Implementing Regulation (EU) 2018/1624 of 23 October 2018 laying down implementing technical standards with regard to procedures and standard forms and templates for the provision of information for the purposes of resolution plans for credit institutions and investment firms pursuant to Directive 2014/59/EU of the European Parliament and of the Council, and repealing Commission Implementing Regulation (EU) 2016/1066 (Text with EEA relevance)

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Article 7Provision 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.

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