+Guidelines on treatment of liabilities in bail-in (EBA/GL/2017/02)
---+3. EBA Guidelines concerning clarification of the interrelationship between the provisions laid down in BRRD and CRR/CRD
------+1. This document contains guidelines issued pursuant to Article 16 of Regulation (EU) No 1093/2010 …
------+2. Guidelines set out the EBA’s view of appropriate supervisory practices within the European …
------+3. According to Article 16(3) of the EBA Regulation, competent authorities must notify the EBA as …
------+4. Notifications will be published on the EBA website, in line with Article 16(3).
------+Title I – Subject matter and scope
---------+1. Subject matter
------------+1. Pursuant to Article 48(6) of Directive 2014/59/EU, these guidelines address the …
------------+2. Article 48 of Directive 2014/59/EU provides that Member States shall ensure that, when applying …
------------+3. Article 48(2) of Directive 2014/59/EU states that resolution authorities shall allocate the …
------------+4. According to Article 48(3) of Directive 2014/59/EU, before applying the write down or conversion …
------------+5. Article 48(4) of Directive 2014/59/EU provides that when resolution authorities reduce, but not …
------------+6. The provisions contained in Article 48, in particular the first paragraph thereof, create a …
------------+7. These guidelines are addressed to resolution authorities when they are applying the bail-in tool …
------+Title II – Guidelines concerning the treatment applicable to instruments provided for in Regulation (EU) No 575/2013 and in Directive 2013/36/EU for the purposes of the sequence of writedown and conversion
---------+8. These guidelines set out below relates only to the interrelationship between Regulation (EU) No …
---------+9. They serve to clarify how resolution authorities should take into account the contractual …
---------+10. Guiding rule 1 : When applying the bail-in tool or the writedown and conversion power at PONV …
---------+11. Guiding rule 2 : When determining the order and amount of writedown or conversion the …
---------+12. Set out below is guidance on how resolution authorities should apply these guiding rules in …
---------+13. In order to be included as own funds, AT1 instruments should meet the conditions of Article 52 …
---------+14. Directive 2006/48/EC does not provide for the same condition for the purposes of the …
---------+15. According to the provisions of Part 10, Title 1, Chapter 2 of Regulation (EU) No 575/2013 …
---------+16. According to guiding rule 1 and in order to ensure respect for the creditor hierarchy, the …
---------+17. Grandfathered instruments according to Regulation (EU) No 575/2013 are included in own funds …
---------+18. According to the amortisation regime laid down in Article 64 Regulation (EU) No 575/2013, the …
---------+19. The amortised amount of the T2 instruments should also be subject to the same treatment as the …
---------+20. Additionally, AT1 instruments should be treated in the same way regardless of whether or not …
------+Title III – Final provisions and implementation
---------+21. These guidelines should be implemented into national resolution practices by relevant …
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Guidelines on treatment of liabilities in bail-in (EBA/GL/2017/02)

Guidelines on treatment of liabilities in bail-in (EBA/GL/2017/02)

https://www.eba.europa.eu/activities/single-rulebook/regulatory-activities/resolution/guidelines-treatment-liabilities-bail – PDF

1. Overview

,
3. EBA Guidelines concerning clarification of the interrelationship between the provisions laid down in BRRD and CRR/CRD

Status of these Guidelines

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards

Linked Issues

Issuelinks
is related to Imported: Guidelines on treatment of liabilities in bail-in (2018-01-11-7397bae6d0-3dad)
is related to Assignments added: Guidelines on treatment of liabilities in bail-in (2018-01-11-7397bae6d0-3dad) – 8 links
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