Skip to main content

AI Summary of Article 63 Notification requirements

Version status: Entered into force | Document consolidation status: No known changes
Version date: 28 January 2025 - onwards
Version 2 of 2

Article 63 Notification requirements

1. Member States shall require the administrative, management or supervisory body of an entity as referred to in Article 1(1), points (a) to (e), to notify the supervisory authority where those bodies consider that the entity referred to in Article 1(1), points (a) to (e), is failing or likely to fail, within the meaning specified in Article 19(4).

2. Supervisory authorities shall inform the resolution authorities concerned of:

(a) any notifications received under paragraph 1 of this Article, under Article 136, Article 138(1) and Article 139(1) of Directive 2009/138/EC;