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Directive 2014/59/EU of the European Parliament and of the… Article 65

Directive 2014/59/EU of the European Parliament and of the… Article 65

Power to require the provision of services and facilities

Article 65

1.   Member States shall ensure that resolution authorities have the power to require an institution under resolution, or any of its group entities, to provide any services or facilities that are necessary to enable a recipient to operate effectively the business transferred to it. The first subparagraph shall apply including where the institution under resolution or relevant group entity has entered into normal insolvency proceedings. 2.   Member States shall ensure that their resolution authorities have powers to enforce obligations imposed, pursuant to paragraph 1, on group entities established in their territory by resolution authorities in other Member States. 3.   The services and facilities referred to in paragraphs 1 and 2 are restricted to operational services and facilities and do not include any form of financial support. 4.   The services and facilities provided in accordance with paragraphs 1 and 2 shall be on the following terms: (a) where the services and facilities were provided under an agreement to the institution under resolution immediately before the resolution action was taken and for the duration of that agreement, on the same terms; (b) where there is no agreement or where the agreement has expired, on reasonable terms. 5.   EBA shall, by 3 July 2015, issue guidelines in accordance with Article 16 of Regulation (EU) No 1093/2010 to specify the minimum list of services or facilities that are necessary to enable a recipient to effectively operate a business transferred to it.

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Other provisions in CHAPTER VI — Resolution powers

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 65 of Directive 2014/59/EU of the European Parliament and of the… (LawPlayer, data as of 2026-07-04)

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