Article 102

Path:
Capital Requirements Directive (CRD) > TITLE VII > CHAPTER 2 > Section IV > Article 102
Title:
Article 102
Description: 
Supervisory measures
Main content: 

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 auth­ orities shall include those referred to in Article 104.