88. In most cases it is expected that several factors, rather than merely one, set out in this …

In most cases it is expected that several factors, rather than merely one, set out in this section would inform the competent authority’s determination that an issuer is unable or likely to be unable to fulfil its obligations. Nevertheless, there might be situations where meeting just one condition, depending on its severity and prudential impact, would be sufficient to support the competent auth ority’s decis ion to trigger the redemption plan.

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1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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