+6. Variant resolution strategies The measures outlined in Article 17(5) of Directive 2014/59/EU by …
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6. Variant resolution strategies The measures outlined in Article 17(5) of Directive 2014/59/EU by …
Variant resolution strategies The measures outlined in Article 17(5) of Directive 2014/59/EU by resolution authorities should aim to remove impediments to resolution with respect to the preferred resolution strategy in the first place. Where the resolution authority considers alternative or fall-back strategies in specific situations in the event that the preferred option does not achieve the objective to protect financial stability by maintaining critical functions or cannot be expected to be successfully implemented, in particular with respect to cross-border groups, impediments to the implementation of alternative options should be taken into account and removed where necessary. However, measures required to remove impediments to alternative variants should only be implemented if they do not impair the feasible and credible implementation of the preferred option.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
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Requirement |
3. Related Standards
Standards
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Requirement |
- EBA -
EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.
DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.
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