9. Paragraph 7 of the Resolvability Guidelines is amended as follows: ‘ 7. These guidelines do not …

Paragraph 7 of the Resolvability Guidelines is amended as follows:

‘ 7. These guidelines do not apply to institutions whose resolution plan, or the resolution plan of the group to whom they belong, provides that they are to be wound up in an orderly manner in accordance with the applicable national law . In case of a change of strategy, in particular from liquidation to resolution, the guidelines apply no later than three years from the date of the approval of the resolution plan with the new resolution strategy, with the exception of section 4.6, which applies no later than one year from that date .’

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/