+53. In order to ensure the feasibility/credibility of the SoB as a resolution tool, the resolution …
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53. In order to ensure the feasibility/credibility of the SoB as a resolution tool, the resolution …
In order to ensure the feasibility/credibility of the SoB as a resolution tool, the resolution authority should, with the support of institutions, pre-define a list of criteria that potential acquirers may be expected to meet based on the features of the transfer perimeter and given the existing market players’ characteristics as well as external factors (such as regulatory considerations regarding market concentration, need for licenses and authorization; and any market entry barriers). Resolution authorities should be able to leverage on the information available to supervisors and in recovery plans.
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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