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+Article 71a 2. |
Article 71a 2.Member States may also require that Union parent undertakings ensure that their third-country subsidiaries include, in the financial contracts referred to in paragraph 1, terms to exclude that the exercise of the power of the resolution authority to suspend or restrict rights and obligations of the Union parent undertaking, in accordance with paragraph 1, constitutes a valid ground for early termination, suspension, modification, netting, exercise of set-off rights or enforcement of security interests on those contracts. The requirement in the first subparagraph may apply in respect of third-country subsidiaries which are:
(a)
credit institutions;
(b)
investment firms (or which would be investment firms if they had a head office in the relevant Member State); or
(c)
financial institutions. 1. Übersicht
1.1 Referenzen1.2 Identifizierte Anforderungen1.3 Zugehörige Standards2. Identifizierte Anforderungen
3. Zugehörige Standards
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