Contents
1.This Decision specifies the criteria for the delegation of decision-making powers to the heads of work units of the ECB for the adoption of joint decisions on the review and assessment of group recovery plans as referred to in Article 8(2), point (a), of Directive 2014/59/EU, and on the drawing up of recovery plans on an individual basis as referred to in Article 8(2), point (b), of that Directive, where at least one of the group entities covered by the relevant joint decision is a significant supervised entity (hereinafter referred to as ‘joint decisions on the assessment of group recovery plans’).
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