19. In line with paragraph 11 of these guidelines, institutions should help identifying available …

In line with paragraph 11 of these guidelines, institutions should help identifying available opportunities to improve the transfer perimeter definition with the aim of facilitating the implementation of the transfer. In particular, institutions should consider whether the transfer perimeter could be simplified in order to reduce the execution risks in resolution. Institutions should also consider options to be applied to the transfer perimeter definition in order to maximize the success of the transfer such as guarantees on a portfolio of assets (Article 101(1), point (a), of Directive 2014/59/EU) or “carve - outs” of certain unwanted assets, rights and/or liabilities that are not needed for the continuity of critical functions and/or core business lines, leveraging on the identification of transfer perimeter units as per paragraph 21.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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