12. Set out below is guidance on how resolution authorities should apply these guiding rules in …

Set out below is guidance on how resolution authorities should apply these guiding rules in particular cases.

Applying guiding rule 1: issued AT1 instruments which fully meet the conditions of Article 52 of Regulation (EU) No 575/2013 and instruments grandfathered according to Part 10, Title 1, Chapter 2 of that regulation with the same ranking in the creditor hierarchy are subject to the same treatment for the purposes of the sequence of the writedown and conversion. In particular they should be written down to the same extent or subject to the same terms of conversion.

1. Forbhreathnú

1.1 Tagairtí

• Airteagal 52 Ionstraimí Chaipiteal Breise Leibhéal 1

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/