16. If a resolution strategy includes the SoB tool, resolution authorities should evaluate, as part …

If a resolution strategy includes the SoB tool, resolution authorities should evaluate, as part of the resolution planning, the execution risk of asset and share deals⁸ and consider the least intrusive transaction that achieves best the resolution objectives in compliance with paragraphs 10 to 15.

⁸ A share deal consists in a transfer (as defined Article 63(1), point (c), of in point (c) of Directive 2014/59/EU) of instruments of ownership (as defined in Article 2(1), point (61), Directive 2014/59/EU) to a recipient (as defined in Article 2(1), point (80), Directive 2014/59/EU), while an asset deal is a transfer (as defined Article 63(1), point d, of Directive 2014/59/EU) of assets, rights and/or liabilities to a recipient (as defined in Article 2(1), point (80), of Directive 2014/59/EU).

1. Overview

1.1 References

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/