2.
Where Member States exercise the option provided for in paragraph 1, they shall lay down rules at least on the following aspects: the appointment and dismissal of the cover pool monitor; any eligibility criteria for the cover pool monitor; the role and duties of the cover pool monitor, including in the case of the insolvency or resolution of the credit institution issuing the covered bonds; the obligation to report to the competent authorities designated pursuant to Article 18(2); the right of access to information necessary for the performance of the cover pool monitor’s duties.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.