+Article 15 1

Article 15 1

1.   The resolution authority, in coordination with the resolution college in accordance with the procedure set out in Article 17, and after consultation with the competent authority, shall assess the extent to which a CCP is resolvable without assuming any of the following:

(a)

extraordinary public financial support;

(b)

central bank emergency liquidity assistance;

(c)

central bank liquidity assistance provided under non-standard collateralisation, tenor and interest rate terms.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards