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Version status: Entered into force | Document consolidation status: Updated to reflect all known changes
Version date: 17 July 2013 - onwards
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Article 102 Supervisory measures

1. Competent authorities shall require an institution to take the necessary measures at an early stage to address relevant problems in the following circumstances:

(a) the institution does not meet the requirements of this Directive or of Regulation (EU) No 575/2013;

(b) the competent authorities have evidence that the institution is likely to breach the requirements of this Directive or of Regulation (EU) No 575/2013 within the following 12 months.

2. For the purposes of paragraph 1, the powers of competent authorities shall include those referred to in Article 104.

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