# 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 60: Emergency situations

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

1. The group-level resolution authority shall establish and regularly test operational procedures for the functioning of the resolution college in emergency situations, in particular systemic ones, which may pose threats to the viability of any of the group entities.
2. Operational procedures referred to in paragraph 1 shall cover at least the following elements:
(a) secure means of communication to be used;
(b) set of information to be exchanged;
(c) relevant persons to be contacted;
(d) communication procedures to be followed by the relevant college members.

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Source: https://www.legislation.gov.uk/eur/2016/1075/article/60 (the official version)
Page: https://openlegislation.uk/eu-regulation-2016-1075/article-60
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.