Directive 2001/24/EC of the European Parliament and of the… Article 11

Article 11

Consultation of competent authorities before voluntary winding up 1. The competent authorities of the home Member State shall be consulted in the most appropriate form before any voluntary winding-up decision is taken by the governing bodies of a credit institution. 2. The voluntary winding up of a credit institution shall not preclude the adoption of a reorganisation measure or the opening of winding-up proceedings.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 11 of Directive 2001/24/EC of the European Parliament and of the… (LawPlayer, data as of 2026-07-04)

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