73. For the purposes of Article 21(10) of Regulation (EU) 2017/2402, provisions of the transaction …

For the purposes of Article 21(10) of Regulation (EU) 2017/2402, provisions of the transaction documentation that ‘facilitate the timely resolution of conflicts between different classes of investors’, should include provisions with respect to all of the following:

• (a) the method for calling meetings or arranging conference calls;
• (b) the maximum timeframe for setting up a meeting or conference call;
• (c) the required quorum;
• (d) the minimum threshold of votes to validate such a decision, with clear differentiation between the minimum thresholds for each type of decision;
• (e) where applicable, a location for the meetings which should be in the Union.

1. Overview

1.1 References

• Article 21 10.

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/