Commission Decision (EU) 2017/1246 of 7 June 2017 endorsing the resolution scheme for Banco Popular Español S.A. (notified under document C(2017) 4038)

• Published date: 11 July 2017
• Subject Matter: Politica economica e monetaria,politica economica,Política económica y monetaria,política económica,Politique économique et monétaire,politique économique
• Official Gazette Publication: Gazzetta ufficiale dell'Unione europea, L 178, 11 luglio 2017,Diario Oficial de la Unión Europea, L 178, 11 de julio de 2017,Journal officiel de l'Union européenne, L 178, 11 juillet 2017

11.7.2017 EN Official Journal of the European Union L 178/15

---

COMMISSION DECISION (EU) 2017/1246

of 7 June 2017

endorsing the resolution scheme for Banco Popular Español S.A.

(notified under document C(2017) 4038)

(Only the English text is authentic)

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to the Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (1), and in particular the second subparagraph of Article 18(7) thereof,

Whereas:

(1) On 7 June 2017 at 05:13 the Single Resolution Board (SRB) transmitted a resolution scheme for Banco Popular Español S.A. to the Commission in accordance with Article 18(7) of Regulation (EU) No 806/2014.

(2) The SRB, in the resolution scheme, states that all conditions for

...