lexiara

art_70__para_2

2. The following shall be members of the resolution college: the group-level resolution authority; the resolution authorities of each Member State in which a subsidiary undertaking covered by group supervision is established; the resolution authorities of Member States where a parent undertaking of one or more undertakings of the group that is an entity as referred to in Article 1(1), point (b), (d) or (e), are established; the group supervisor and the supervisory authorities of the Member States where the resolution authority is a member of the resolution college; the competent ministries, where the resolution authorities which are members of the resolution college are not the competent ministries; where relevant, the authority that is responsible for the insurance guarantee scheme of a Member State, where the resolution authority of that Member State is a member of the resolution college; EIOPA, subject to the second subparagraph; the resolution authorities in Member States where the insurance or reinsurance undertakings of the group carry out significant cross-border activities. For the purposes of the first subparagraph, point (g), EIOPA shall contribute to promoting and monitoring the efficient, effective and consistent functioning of resolution colleges and convergence across resolution colleges. EIOPA shall be invited to attend the meetings of the resolution college for that purpose. EIOPA shall not have any voting rights. For the purposes of the first subparagraph, point (h), the participation of the resolution authorities shall be limited to achieving the objectives of an efficient exchange of information.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.