Regulation 655/2014 establishing a European Account Preservation Order (‘EAPO Regulation’) not only created a procedure to obtain the provisional attachment of the debtors’ bank accounts; it also introduced a procedure to search for the debtor’s bank accounts. The so-called information mechanism is structured in four steps: (1) application for the information; (2) examination of creditor’s information request by the court and sending the request to the information authority of the Member State where the bank accounts are suspected to exist; (3) investigation by an information authority of the debtors’ bank account; (4) reception of the outcome of the investigation by the court which submitted the request for information.
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