Article 88 › 1

Group-level resolution authorities shall establish resolution colleges to carry out the tasks referred to in Articles 12, 13, 16, 18, 45, 91 and 92, and, where appropriate, to ensure cooperation and coordination with third-country resolution authorities. In particular, resolution colleges shall provide a framework for the group-level resolution authority, the other resolution authorities and, where appropriate, competent authorities and consolidating supervisors concerned to perform the following tasks: (a) exchanging information relevant for the development of group resolution plans, for the application to groups of preparatory and preventative powers and for group resolution; (b) developing group resolution plans pursuant to Articles 12 and 13; (c) assessing the resolvability of groups pursuant to Article 16; (d) exercising powers to address or remove impediments to the resolvability of groups pursuant to Article 18; (e) deciding on the need to establish a group resolution scheme as referred to in Article 91 or 92; (f) reaching the agreement on a group resolution scheme proposed in accordance with Article 91 or 92; (g) coordinating public communication of group resolution strategies and schemes; (h) coordinating the use of financing arrangements established under Title VII; (i) setting the minimum requirements for groups at consolidated and subsidiary level under Article 45. In addition, resolution colleges may be used as a forum to discuss any issues relating to cross-border group resolution.

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