+60. The sale process should provide for a smooth execution over the resolution weekend of an …

60. The sale process should provide for a smooth execution over the resolution weekend of an …

The sale process should provide for a smooth execution over the resolution weekend of an Accelerated SoB. To do so, the resolution authority should be able to update (by, for instance, the performance of market monitoring activities; existing access to up-to-date relevant market data or existing processes to require expert assistance in the matter), in line with the market conditions and the transfer perimeter at the date of FOLTF, the list of criteria for potential acquirers to meet and pre-defined list of potential acquirers based on paragraph 19 of these guidelines. The resolution authority should assess as early as possible the potential implications of an Accelerated SoB with regards to State-Aid rules and ensure an execution of the accelerated sale that minimises these implications19 .


19 In line with EBA Final Q&A2015_2339.

1. Overview

,
Summary Regulation

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/