+Article 72 Voluntary borrowing between resolution financing arrangements
---+Article 72 1.
---+Article 72 2.
---+Article 72 3.
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Article 72 Voluntary borrowing between resolution financing arrangements
1. Ħarsa ġenerali
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Regolamentazzjoni |
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Article 72 1.
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The Board shall decide to make a request to voluntarily borrow for the Fund from resolution financing arrangements within non-participating Member States, in the event that:
(a)
the amounts raised under Article 70 are not sufficient to cover the losses, costs or other expenses incurred by the use of the Fund in relation to resolution actions;
(b)
the extraordinary ex-post contributions provided for in Article 71 are not immediately accessible; and
(c)
the alternative funding means provided for in Article 73 are not immediately accessible on reasonable terms.
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Article 72 2.
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Those resolution financing arrangements shall decide on such a request in accordance with Article 106 of Directive 2014/59/EU. The borrowing conditions shall be subject to Article 106(4), (5) and (6) of Directive 2014/59/EU.
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Article 72 3.
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The Board may decide to lend to other resolution financing arrangements within non-participating Member States if a request is made in accordance with Article 106 of Directive 2014/59/EU. The lending conditions shall be subject to Article 106(4), (5) and (6) of Directive 2014/59/EU.
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1.1 Referenzi
1.2 Rekwiżiti identifikati
1.3 Standards relatati
2. Rekwiżiti identifikati
3. Standards relatati
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