delegated decisionmeans a delegated decision as defined in Article 3, point (4), of Decision (EU) 2017/933 (ECB/2016/40);
group recovery planmeans a group recovery plan as defined in Article 2(1), point (33), of Directive 2014/59/EU;
heads of work unitsmeans the heads of work units of the ECB to whom the power to adopt joint decisions on the assessment of group recovery plans is delegated;
non-objection proceduremeans the procedure set out in Article 26(8) of Regulation (EU) No 1024/2013 and further specified in Article 13g of Decision ECB/2004/2;
parent undertakingmeans a parent undertaking as defined in Article 2(1), point (6), of Directive 2014/59/EU;
recovery planmeans a recovery plan as defined in Article 2(1), point (32), of Directive 2014/59/EU;
sensitivitymeans a characteristic or factor that may have a negative impact on the ECB’s reputation and/or on the effective and consistent functioning of the Single Supervisory Mechanism, including but not limited to any of the following: (a) where the relevant supervised entity has previously been, or is currently, subject to severe supervisory measures such as early intervention measures;
significant supervised entitymeans a significant supervised entity as defined in Article 2, point (16), of Regulation (EU) No 468/2014 of the European Central Bank (ECB/2014/17);