Article 97 › 3

The framework cooperation agreements referred to in paragraph 2 shall establish processes and arrangements between the participating authorities for sharing information necessary for and cooperation in carrying out some or all or the following tasks and exercising some or all of the following powers in relation to institutions referred to in points (a) to (d) of paragraph 2 or groups including such institutions: (a) the development of resolution plans in accordance with Articles 10 to 13 and similar requirements under the law of the relevant third countries; (b) the assessment of the resolvability of such institutions and groups, in accordance with Articles 15 and 16 and similar requirements under the law of the relevant third countries; (c) the application of powers to address or remove impediments to resolvability pursuant to Articles 17 and 18 and any similar powers under the law of the relevant third countries; (d) the application of early intervention measures pursuant to Article 27 and similar powers under the law of the relevant third countries; (e) the application of resolution tools and exercise of resolution powers and similar powers exercisable by the relevant third-country authorities.

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