Responsibility to pay expenses

Article 37(7) BRRD does not preclude Member States from providing that the reasonable expenses incurred in relation to resolution are to be directly incurred by the institution under resolution, and not only ultimately borne by it through the mechanisms referred to in that provision. Disclaimer: The answers clarify provisions already contained in the applicable legislation. They do not extend in any way the rights and obligations deriving from such legislation nor do they introduce any additional requirements for the concerned operators and competent authorities. The answers are merely intended to assist natural or legal persons, including competent authorities and Union institutions and bodies in clarifying the application or implementation of the relevant legal provisions. Only the Court of Justice of the European Union is competent to authoritatively interpret Union law. The views expressed in the internal Commission Decision cannot prejudge the position that the European Commission might take before the Union and national courts.