EBA · 2016_3020 Rejected question

Liability already accrued

Regulation
Directive 2014/59/EU (BRRD)
Article
60, para. 2
Topic
Write-down and conversion of capital instruments
Submitted by
Competent authority
Submitted
2016-11-23

Question

What does “Liability already accrued” in Article 60(2)(b) refer to?

Background

Could you please provide further background on the meaning of “liability already accrued” in Article 60(2)(b) of Directive 2014/59/EU (BRRD).
No answer published yet.

Original source: European Banking Authority, Q&A ID 2016_3020

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