Art. 16
Single Resolution Mechanism Regulation · 32014R0806 · every event for this act · on EUR-Lex
2 changes recorded across 2 events, newest first.
in force 2026-06-11 MODIFIED±0§
Amended by Regulation (EU) 2026/808 32026R0808
applies from: unknown
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in force 2020-12-28 MODIFIED§
Amended by Regulation (EU) 2019/877 32019R0877
applies from: unchanged
Paragraph 2 no longer requires that the parent undertaking's conditions be met together with those of one or more subsidiary institutions or a third-country determination of resolution eligibility, and instead now refers only to the conditions in Article 18(1) being met.
Paragraph 3 removes the reference to derogation from paragraph 2, drops the informing-national-resolution-authority mechanism and the disregard-of-intra-group-transfers subparagraph, and instead conditions the Board's action on the parent undertaking being a resolution entity with subsidiary institutions that are not themselves resolution entities and that meet Article 18(1), tying the necessity test to the resolution of those subsidiaries or of the relevant resolution group.
Cited: Art. 16, v1 · Art. 16, v2
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