Article 102

Path:
Capital Requirements Directive 4 (CRD4) > TITLE VII > CHAPTER 2 > Section IV > Article 102
Title:
Article 102
Description:
Supervisory measures
Main content:
1. Competent authorities shall require an institution to take the necessary measures at an early stage to address relevant problems in the following circumstances:
 
(a) the institution does not meet the requirements of this Directive or of Regulation (EU) No 575/2013;
 
(b) the competent authorities have evidence that the institution is likely to breach the requirements of this Directive or of Regulation (EU) No 575/2013 within the following 12 months.
 
2. For the purposes of paragraph 1, the powers of competent authorities shall include those referred to in Article 104.