Regulatory Alerts2024-02-02
Added · Updated
Guidelines on the types and content of the provisions of Cooperation Arrangements (Article 79 of CCPRRR)
These Guidelines apply to resolution authorities and specify the types and content of provisions for Cooperation Arrangements under Article 79 of the CCPRRR. They require authorities to establish arrangements that are not legally binding, do not create enforceable rights or liabilities, and do not supersede domestic or EU laws. The Guidelines mandate the exchange of information regarding resolution planning, resolvability assessments, early intervention, and the application of resolution tools, while defining confidentiality and personal data transfer protocols.
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