Article 11

Path:
Bank Recovery and Resolution Directive (BRRD) > TITLE II > CHAPTER I > Section 3 > Article 11
Title:
Article 11
Description: 
Information for the purpose of resolution plans and cooperation from the institution
Main content: 

1. Member States shall ensure that resolution authorities have the power to require institutions to:

(a) cooperate as much as necessary in the drawing up of resolution plans;

(b) provide them, either directly or through the competent authority, with all of the information necessary to draw up and implement resolution plans.

In particular the resolution authorities shall have the power to require, among other information, the information and analysis specified in Section B of the Annex.

2. Competent authorities in the relevant Member States shall cooperate with resolution authorities in order to verify whether some or all of the information referred to in paragraph 1 is already available. Where such information is available, competent authorities shall provide that information to the resolution authorities.
 

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