+Article 30 2

Article 30 2

2.   For the purposes of the asset and liability separation tool, an asset and liability management vehicle shall be a legal person that:

(a)

is wholly or partially owned by one or more public authorities which may include the resolution authority and is controlled by the resolution authority; and

(b)

has been created for the purpose of receiving some or all of the assets, rights and liabilities of one or more undertakings under resolution or a bridge undertaking.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards