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Article 18 – Discussion with the CCP ⬅️ | ➑️ Article 20 – Drafting of the joint decision on the resolution plan and the resolvability assessment

ArticleΒ 19 - Dialogue on the draft resolution plan and the draft resolvability assessment

1.

The resolution authority of the CCP shall organise a dialogue on the draft resolution plan and the draft resolvability assessment with the resolution college members in a timely manner pursuant to Article 12(2), point (i) of this Regulation, however no later than within the deadlines set in the joint decision timetable for a resolution plan. When the CCP is part of a corporate group which contains (an)other CCP(s), the resolution authorities of the CCPs shall organise among themselves a discussion on the draft resolution plans and the draft resolvability assessments.

2.

Based on the dialogue referred to in paragraph 1, the resolution authority of the CCP shall finalise the corresponding CCP resolution plan and the performance of the resolvability assessment.

3.

Where material impediments to resolvability are identified, Article 24(1) of this Regulation shall apply.