S.L. 330.9 · Recovery And Resolution Regulations (S.L. 330.9)
S.L. 330.9 Art. 115Co-operation and co-ordination.
Title VII of the CRD, the European regulatory
In the exercise of their powers to impose penalties, the
Resolution Committee shall:
(a) cooperate closely to ensure that administrative penalties or other administrative measures produce the desired results; and
(b) coordinate their action when dealing with cross-border cases.