RTS: Business reorganisation plans and approval criteria
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 34mo ago
This procedure sets out detailed rules for the content and approval of business reorganisation plans for investment firms. These plans are crucial for ensuring financial stability by outlining how firms can be restructured if they face financial difficulties.
It specifies the minimum information required in these plans and the criteria resolution authorities must use for approval. This affects investment firms and aims to protect investors and the wider financial system.