# Commission Delegated Regulation (EU) 2016/1075 of 23 March 2016 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the content of recovery plans, resolution plans and group resolution plans, the minimum criteria that the competent authority is to assess as regards recovery plans and group recovery plans, the conditions for group financial support, the requirements for independent valuers, the contractual recognition of write-down and conversion powers, the procedures and contents of notification requirements and of notice of suspension and the operational functioning of the resolution colleges (Text with EEA relevance), Article 14: Communication and disclosure plan

Extent: E+W+S+N.I.

1. The communication and disclosure plan shall cover the following matters in detail:
(a) internal communication, in particular to staff, works councils or other staff representatives;
(b) external communication, in particular to shareholders and other investors, competent authorities, counterparties, financial markets, financial market infrastructure, depositors and the public, as appropriate;
(c) effective proposals for managing any potential negative market reactions.
2. A recovery plan shall include, at least, an analysis of how the communication and disclosure plan would be implemented when one or more of the arrangements or measures set out in the recovery plan are implemented.
3. The communication and disclosure plan shall adequately consider any specific communication needs for individual recovery options.

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Source: https://www.legislation.gov.uk/eur/2016/1075/article/14 (the official version)
Page: https://openlegislation.uk/eu-regulation-2016-1075/article-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.