The concept of control for the purposes of Articles 40(2)(a) and 42(2)(a) of Directive 2014/59/EU (BRRD) is not defined in the Directive. That concept does not necessarily fully correspond with the requirements laid out under Articles 41(1) and 42(4) BRRD. It may be wider, but it certainly implies that the resolution authority is entrusted with the necessary powers to ensure that the requirements set out in Articles 41(1) and 42(4) of Directive 2014/59/EU (BRRD) are met.

Disclaimer:

This question goes beyond matters of consistent and effective application of the regulatory framework. A Directorate General of the Commission (Directorate General Financial Stability, Financial Services and Capital Markets Union) has prepared the answer, albeit that only the Court of Justice of the European Union can provide definitive interpretations of EU legislation. This is an unofficial opinion of that Directorate General, which the European Banking Authority publishes on its behalf. The answers are not binding on the European Commission as an institution. You should be aware that the European Commission could adopt a position different from the one expressed in such Q&As, for instance in infringement proceedings or after a detailed examination of a specific case or on the basis of any new legal or factual elements that may have been brought to its attention.