EU Financial Regulatory Q&A Database

Determination the failure of an institution

Directive 2014/59/EU (BRRD) · Art. 32

Clarification on formal decision

Directive 2014/59/EU (BRRD) · Art. 32, 32a, 33

Prohibition for institutions to enter into agreements with third country counterparties

Directive 2014/59/EU (BRRD) · Art. 17

Inclusion of mixed-activity holding companies into group resolution plans

Directive 2014/59/EU (BRRD) · Art. 12

Clarification on the scope of application to address or remove impediments to resolvability

Directive 2014/59/EU (BRRD) · Art. 17

Suspension of resolution plan updates

Directive 2014/59/EU (BRRD) · Art. 17

Clarification to the wording “joint decisions should be taken by national authorities concerned” in Recital 98

Directive 2014/59/EU (BRRD) · Art. Recital 98

Minimum requirement for own funds and eligible liabilities (MREL) - Waivers

Directive 2014/59/EU (BRRD) · Art. 45f

Minimum requirement for own funds and eligible liabilities (MREL) - Calibration

Directive 2014/59/EU (BRRD) · Art. 45c

Minimum requirement for own funds and eligible liabilities (MREL) – Transitional periods

Directive 2014/59/EU (BRRD) · Art. 45m

Clarification of Z02.00, row 0200 (DGS liabilities)

Directive 2014/59/EU (BRRD) · Art. 11

Treatment of negative contribution base while calculating contributions to resolution financing arrangements

Directive 2014/59/EU (BRRD) · Art. 103

Requirements in Commission Delegated Regulation (EU) 2016/1712

Directive 2014/59/EU (BRRD) · Art. N/a

MREL requirement if resolution strategy is liquidation (no bail-in tool used)

Directive 2014/59/EU (BRRD) · Art. 45, 45c, 45f

Small bank: bail-in or liquidation

Directive 2014/59/EU (BRRD) · Art. 31

Transposition of Article 96

Directive 2014/59/EU (BRRD) · Art. 96

Conditions for Early intervention

Directive 2014/59/EU (BRRD) · Art. 27

Intervention of the resolution fund to cover for losses due to creditors / liabilities excluded from bail-in

Directive 2014/59/EU (BRRD) · Art. 44, 101

Other groups or colleges in Articles 88(6) and 89(4)

Directive 2014/59/EU (BRRD) · Art. 88, 89

Clarification on the authority responsible for the DGS

Directive 2014/59/EU (BRRD) · Art. 88

Enforce a third country resolution proceeding

Directive 2014/59/EU (BRRD) · Art. 94

Reference to Chapter III in Article 96(3)(b)

Directive 2014/59/EU (BRRD) · Art. 96

Valuation in Article 36

Directive 2014/59/EU (BRRD) · Art. 36

Reference to value in Article 48(2)

Directive 2014/59/EU (BRRD) · Art. 48

Write down or convert bail-inable liabilities following Article 48(3)

Directive 2014/59/EU (BRRD) · Art. 48

Value assigned to liabilities arising from derivative contracts

Directive 2014/59/EU (BRRD) · Art. 103

Scope of bail-in tool: Clarification on Article 44(2)(f)

Directive 2014/59/EU (BRRD) · Art. 44

Difference between taking control and being able to exercise the control

Directive 2014/59/EU (BRRD) · Art. 63, 72

On-site inspections by resolution authorities

Directive 2014/59/EU (BRRD) · Art. 63

Powers of resolution authorities Article 63 and Article 38(1)(a)

Directive 2014/59/EU (BRRD) · Art. 38, 63

Difference between a reduction to zero and a cancelation

Directive 2014/59/EU (BRRD) · Art. 63

Reference to Article 49 in Article 63(1)(k)

Directive 2014/59/EU (BRRD) · Art. 49, 63

Section 3(a)(2) guarantees - eligibility for MREL

Directive 2014/59/EU (BRRD) · Art. 45b

Private ownership of a bridge institution or an asset management tool

Directive 2014/59/EU (BRRD) · Art. 40, 42

Minimum requirements for own funds and eligible liabilities

Directive 2014/59/EU (BRRD) · Art. 45

Interpretation of points (a) and (b) of Article 45a(1)

Directive 2014/59/EU (BRRD) · Art. 45a

Conversion of bail-inable liabilities into other types of capital instruments

Directive 2014/59/EU (BRRD) · Art. 46

Prior state aid approval when using resolution tools

Directive 2014/59/EU (BRRD) · Art. 34

Procedural requirements of the sale of business tool with regard to state aid

Directive 2014/59/EU (BRRD) · Art. 39

Interaction between the State aid framework and the application of resolution actions

Directive 2014/59/EU (BRRD) · Art. 34

Interpretation of Article 88(1) and 89(1) BRRD with respect to the scope of resolution colleges for third country institutions or third country parent undertakings

Directive 2014/59/EU (BRRD) · Art. 88, 89

Concept of “secured liabilities”

Directive 2014/59/EU (BRRD) · Art. 44

Scope of bail-in tool regarding client assets or client money held on behalf of UCITS

Directive 2014/59/EU (BRRD) · Art. 44

Mutual agreement to waive the requirement to establish a European resolution college

Directive 2014/59/EU (BRRD) · Art. 89

Supplementary transfers when using the sale of business tool

Directive 2014/59/EU (BRRD) · Art. 38

Implementation of the exemption from bail in for “liabilities” in a fiduciary context ((Article 44(2)(d)) BRRD)

Directive 2014/59/EU (BRRD) · Art. 44

Requirements regarding „control” by the resolution authority

Directive 2014/59/EU (BRRD) · Art. 40, 42

Exemption from bail-in of emergency liquidity assistance provided by the central bank

Directive 2014/59/EU (BRRD) · Art. 44

Coverage of further losses following bail-in

Directive 2014/59/EU (BRRD) · Art. 44

Clarification on the applicable framework for public recapitalisation

Directive 2014/59/EU (BRRD) · Art. 32