+Article 18 4

Article 18 4

4.   The competent authority shall apply the measure in point (i) of paragraph 1 only where that measure is in the public interest and is necessary to achieve any of the following objectives:

(a)

to maintain the financial stability in the Union or in one or more of its Member States;

(b)

to maintain the continuity of the critical functions of the CCP and access to critical functions on a transparent and non-discriminatory basis;

(c)

to maintain or restore the financial resilience of the CCP.

The competent authority shall not apply the measure in point (i) of paragraph 1 in relation to measures involving the transfer of property, rights or liabilities of another CCP.

1. Ħarsa ġenerali

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Titlu Regolamentazzjoni

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti
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3. Standards relatati

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