SRMR Art. 8: every consolidated version and what changed

in force 2026-06-11 MODIFIED+267 −0§

Amended by Regulation (EU) 2026/808 32026R0808

applies from: unchanged

A new subparagraph is added to Article 8(2) stating that the Board may instruct national resolution authorities to exercise the powers referred to in Article 10(8) of Directive 2014/59/EU.

It further states that national resolution authorities shall implement the Board's instructions in accordance with Article 29 of the Regulation.

The earlier version of Article 8(2) contained no such text.

Cited: Art. 8, v2 · Art. 8, v1

text before / after

02014R0806-20251110 → 02014R0806-20260611

Article 8 Resolution plans drawn up by the Board 1. The Board shall draw up and adopt resolution plans for the entities and groups referred to in Article 7(2), and for the entities and groups referred to in Article 7(4)(b) and (5) where the conditions for the application of those paragraphs are met. 2. The Board shall draw up the resolution plans, after consulting the ECB or the relevant national competent authorities and the national resolution authorities, including the group-level resolution authority, of the participating Member States in which the entities are established, and the resolution authorities of non-participating Member States in which significant branches are located insofar as relevant to the significant branch. To that end, the Board may require the national resolution authorities to prepare and submit to the Board draft resolution plans and the group-level resolution authority to prepare and submit to the Board a draft group resolution plan. The Board may instruct the national resolution authorities to exercise the powers referred to in Article 10(8) of Directive 2014/59/EU. The national resolution authorities shall implement the instructions of the Board in accordance with Article 29 of this Regulation. 3. In order to ensure effective and consistent application of this Article, the Board shall issue guidelines and address instructions to the national resolution authorities for the preparation of draft resolution plans and draft group resolution plans relating to specific … 1,462 unchanged words … shall take into account the deadline for complying with the requirement referred to in Article 104b of Directive 2013/36/EU. 13. The Board shall transmit the resolution plans and any changes thereto to the ECB or to the relevant national competent authorities.

in force 2020-12-28 MODIFIED§

Amended by Regulation (EU) 2019/877 32019R0877

applies from: unchanged

Several paragraphs of Article 8 were narrowed or reworded around the concept of resolution entities and resolution groups: paragraphs 5, 6, 10 and 11 now refer to resolution entities, resolution groups and the entity or group referred to in paragraph 1 rather than to groups generically, and paragraph 11 gains a new point (aa) addressing groups with more than one resolution group.

Points (o) and (p) of paragraph 9 were rewritten to refer to the requirements and deadlines under Articles 12f, 12g, 12k and 12c rather than to the minimum requirement for own funds and eligible liabilities or contractual bail-in instruments under Article 12, and the cross-reference in paragraph 6 to disclosure now points to point (a) of paragraph 9.

Paragraph 12 gains two new subparagraphs, one requiring the review after implementation of resolution actions or exercise of powers under Article 21, and another requiring the Board to take into account the deadline under Article 104b of Directive 2013/36/EU when setting deadlines referred to in points (o) and (p) of paragraph 9.

Cited: Art. 8, v1 · Art. 8, v2

text before / after, on the event page →