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🔗 Back to Summary. 🇫🇷 French Version: 2023R1192_FR.25. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 24 – Suspension of the joint decision process on the resolution plan and the resolvability assessment ⬅️ | ➡️ Article 26 – Consultation and communication of report to CCP
Article 25 - Planning of the steps of joint decision processes on identification of material impediments to resolvability and on measures to address or remove such impediments
1.
Prior to the start of the joint decision processes on the identification of material impediments to resolvability, and measures to address or remove such impediments in accordance with Article 17(2), (3) and (4) of Regulation (EU) 2021/23, the resolution college members shall agree on a timetable of steps to be followed in that process (‘joint decision timetable for the identification of material impediments’). In case of a failure to agree on the joint decision timetable for the identification of material impediments, the resolution authority of the CCP shall set that timetable after considering the views and any reservations expressed by the resolution college members.
2.
The joint decision timetable for the identification of material impediments shall include the following steps:
(a)
preparation and circulation of the report on the material impediments identified in accordance with 2021 by the resolution authority of the CCP in consultation with the competent authority of the CCP;
(b)
submission of the report pursuant to 2021 from the resolution authority of the CCP to the CCP and the resolution college;
(c)
the date when the CCP submits to the resolution authority of the CCP its observations and alternative measures to remedy the material impediments, if any, in accordance with 2021;
(d)
dialogue between the resolution authority of the CCP and the resolution college members and observers on any relevant observations or alternative measures to remedy the material impediments proposed by the CCP pursuant to 2021;
(e)
development of the draft joint decisions on the identification of material impediments to resolvability and measures to address or remove such impediments pursuant to Article 17(1), points (a), (b) and (c), of Regulation (EU) 2021/23;
(f)
finalisation of the joint decisions on the identification of material impediments to resolvability and measures to address or remove such impediments pursuant to Article 17(1), points (a), (b) and (c), of Regulation (EU) 2021/23;
(g)
communication to the CCP of the joint decisions on the identification of material impediments to resolvability and measures to address or remove such impediments pursuant to Article 17(1), points (a), (b) and (c), of Regulation (EU) 2021/23.
3.
The joint decision timetable for the identification of material impediments shall be reviewed and updated by the resolution authority of the CCP in order to reflect the extension of the joint decision process where the CCP submits observations and proposes any alternative measures to address or remove material impediments to resolvability in accordance with 2021.
4.
When drafting the joint decision timetable for the identification of material impediments, the resolution authority of the CCP shall have regard to the terms and conditions for the participation of observers as set out in the resolution college written arrangements and procedures and in 2021.
5.
The resolution authority of the CCP shall communicate to the CCP those aspects of the joint decision timetable for the identification of material impediments that envisage the involvement of the CCP.