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+Article 20 6. |
Article 20 6.Without prejudice to the Union State aid framework, where applicable, the valuation shall be based on prudent assumptions, including as to rates of default and severity of losses. The valuation shall not assume any potential future provision of any extraordinary public financial support, any central bank emergency liquidity assistance, or any central bank liquidity assistance provided under non-standard collateralisation, tenor and interest rate terms to an entity referred to in Article 2 from the point at which resolution action is taken or the power to write down or convert relevant ►M1 capital instruments and eligible liabilities in accordance with Article 21 ◄ is exercised. Furthermore, the valuation shall take account of the fact that, if any resolution tool is applied:
(a)
the Board may recover any reasonable expenses properly incurred from the institution under resolution, in accordance with Article 22(6);
(b)
the Fund may charge interest or fees in respect of any loans or guarantees provided to the institution under resolution, in accordance with Article 76. 1. Übersicht
1.1 Referenzen1.2 Identifizierte Anforderungen1.3 Zugehörige Standards2. Identifizierte Anforderungen
3. Zugehörige Standards
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