Dialogue on the need for a group resolution scheme
Article 98
1. After receiving the notification referred to in point (a) or (h) of Article 81(3) of Directive 2014/59/EU, the group-level resolution authority shall endeavour to organise a dialogue in accordance with paragraphs 2 and 3 of this Article involving at least those members of the college who are the resolution authorities of the subsidiaries. 2. For the purposes of paragraph 1, the group-level resolution authority shall transmit the following information to the members: (a) the notification received; (b) its proposal on the topics referred to in paragraph 3; (c) the time limit by which the dialogue should be concluded. 3. The dialogue shall concern the following: (a) whether, in accordance with Article 91 or 92 of Directive 2014/59/EU, the resolution of the subsidiary, or of the Union parent undertaking respectively, would have group dimensions and would require the drawing up of a group resolution scheme; (b) whether the financing plan shall be based on mutualisation of national financing arrangements in accordance with Article 107 of Directive 2014/59/EU.