Article 6 › 6

If the institution fails to submit a revised recovery plan, or if the competent authority determines that the revised recovery plan does not adequately remedy the deficiencies or potential impediments identified in its original assessment, and it is not possible to adequately remedy the deficiencies or impediments through a direction to make specific changes to the plan, the competent authority shall require the institution to identify within a reasonable timeframe changes it can make to its business in order to address the deficiencies in or impediments to the implementation of the recovery plan. If the institution fails to identify such changes within the timeframe set by the competent authority, or if the competent authority assesses that the actions proposed by the institution would not adequately address the deficiencies or impediments, the competent authority may direct the institution to take any measures it considers to be necessary and proportionate, taking into account the seriousness of the deficiencies and impediments and the effect of the measures on the institution’s business. The competent authority may, without prejudice to Article 104 of Directive 2013/36/EU, direct the institution to: (a) reduce the risk profile of the institution, including liquidity risk; (b) enable timely recapitalisation measures; (c) review the institution’s strategy and structure; (d) make changes to the funding strategy so as to improve the resilience of the core business lines and critical functions; (e) make changes to the governance structure of the institution. The list of measures referred to in this paragraph does not preclude Member States from authorising competent authorities to take additional measures under national law.

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