+12. Set out below is guidance on how resolution authorities should apply these guiding rules in …
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12. Set out below is guidance on how resolution authorities should apply these guiding rules in …
Set out below is guidance on how resolution authorities should apply these guiding rules in particular cases. Applying guiding rule 1: issued AT1 instruments which fully meet the conditions of Article 52 of Regulation (EU) No 575/2013 and instruments grandfathered according to Part 10, Title 1, Chapter 2 of that regulation with the same ranking in the creditor hierarchy are subject to the same treatment for the purposes of the sequence of the writedown and conversion. In particular they should be written down to the same extent or subject to the same terms of conversion.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
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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