Contents
3.Where the institution infringes or, due, inter alia, to a rapidly deteriorating financial condition, is likely in the near future to infringe the requirements of Regulation (EU) No 575/2013 or Directive 2013/36/EU as referred to in Article 27(1) of Directive 2014/59/EU, the competent authority of the home Member State shall provide the members of the college of supervisors with the following information:
(a)whether the conditions for application of early intervention measures are met;
(b)whether early intervention measures are taken or planned in accordance with Articles 27 and 30 of Directive 2014/59/EU;
(c)an indication of the potential consequences of those early intervention measures.
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