lexiara

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: present to the competent authority a plan for a timely return to compliance; 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 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.