+Article 26 7

Article 26 7

7.   Member States may confer upon resolution authorities additional tools and powers exercisable where an entity referred to in Article 1(1), points (a) to (e), meets the conditions for resolution referred to in Article 19(1) or Article 20(3), provided that:

(a)

when applied to a cross-border group, those additional tools and powers do not pose obstacles to effective group resolution; and

(b)

those tools and powers are consistent with the resolution objectives and the general principles governing resolution laid down in Article 22.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
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