BANKS THAT FAIL EU STRESS TESTS MUST SUBMIT CAPITAL PLANS BY END SEPTEMBER 2011 OR SOONER
ONCE SUBMITTED, CAPITALISATION PLANS TO BE IMPLEMENTED WITHIN A FURTHER THREE MONTHS OR SOONER
BANKS THAT COME CLOSE TO FAILING WILL BE SUBJECT TO "REINFORCED SCRUTINY" TO PROTECT AGAINST FURTHER CAPITAL DETERIORATION
IF A FAILING BANK PRESENTS NO CREDIBLE PLAN BY DEADLINE, ITS GOVERNMENT TO STAND READY WITH STEPS TO MAINTAIN FINANCIAL STABILITY
IF MEASURES UNSUCCESSFUL AND DETERIORATION AT A BANK LIKELY TO ENDANGER SYSTEMIC STABILITY, PROCESS OF RESTRUCTURING AND RESOLUTION WILL BE INITIATED-EU DOC
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