Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.
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Samples: www.bankingsupervision.europa.eu, www.bankingsupervision.europa.eu
Cooperation in relation to emergency situations. 1. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.
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Cooperation in relation to emergency situations. The Authorities will endeavour to inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross cross-border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.
Appears in 1 contract
Samples: www.dfs.ny.gov
Cooperation in relation to emergency situations. 11.1. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in . the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.
Appears in 1 contract
Samples: www.bankingsupervision.europa.eu
Cooperation in relation to emergency situations. 1. The Authorities will endeavour to inform each other immediately promptly if they become aware of an incipient emerging crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.
Appears in 1 contract
Samples: www.bankingsupervision.europa.eu
Cooperation in relation to emergency situations. 1. The Authorities will endeavour to inform each other immediately promptly if they become aware of an incipient emerging crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions jurisdiction of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.
Appears in 1 contract
Samples: www.bankingsupervision.europa.eu
Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions jurisdictiQns of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.
Appears in 1 contract
Samples: www.bankingsupervision.europa.eu
Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.. --------------- -
Appears in 1 contract
Samples: www.bankingsupervision.europa.eu
Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross cross- border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.
Appears in 1 contract
Samples: www.bankingsupervision.europa.eu