lexiara

Article 283 › 6

CRR

If an institution ceases to comply with the requirements laid down in this Section, it shall notify the competent authority and do one of the following: (a) present to the competent authority a plan for a timely return to compliance; (b) demonstrate to the satisfaction of the competent authority that the effect of non-compliance is immaterial.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04