Article 37

Path:
Mortgage Credit Directive (MCD) > CHAPTER 13 > Article 37
Title:
Article 37
Description: 
Settlement of disagreements between competent authorities of different Member States
Main content: 

The competent authorities may refer the situation to EBA where a request for cooperation, in particular the exchange of information, has been rejected or has not been acted upon within a reasonable time, and request EBA’s assistance in accordance with Article 19 of Regulation (EU) No 1093/2010. In such cases, EBA may act in accordance with the powers conferred on it by that Article and any binding decision made by EBA in accordance with that Article shall be binding on the competent authorities concerned regardless of whether those competent authorities are members of EBA or not.