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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 28 December 2020 - onwards
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Regulation 84 Minimum requirement - resolution authority generally.

Revoked from 28 December 2020

(1) Subject to paragraphs (2) and (3), the resolution authority, whether in its role as group-level resolution authority or resolution authority for a subsidiary for the purposes of the Bank Recovery and Resolution Directive, may request the European Banking Authority to assist in reaching a joint decision in accordance with Article 19 of Regulation (EU) No 1093/2010.

(2) The resolution authority shall not refer the matter to the European Banking Authority after the end of the relevant four-month period or after a joint decision has been reached.

(3) Where the resolution authority is group-level resolution authority, it shall not refer a decision of the resolution authority of a subsidiary under Article 45(10) of the Bank Recovery and Resolution Directive to the European Banking Authority where the level of the minimum requirement set for the subsidiary is within one percentage point of the consolidated level set under Regulation 82.

(4) The resolution authority may, having regard

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