SECTION II Assessment of resolvability

matters addressed in points 1 to 7, 16, 18 and 19 of Section C of the Annex to Directive 2014/59/EU;

dependencies of material entities and core business lines on infrastructure, information technology, treasury or finance functions, employees or other critical shared services;

whether governance, control, and risk management arrangements are consistent with any planned changes to the structure of the institution or group;

whether the legal and franchise structure of the institution or group is consistent with any planned changes to the business structure of the institution or group;

whether appropriate resolution tools are available with respect to each legal entity as required to deliver the resolution strategy.

matters addressed in points 13, 14, 15 and 17 of Section C of the Annex to Directive 2014/59/EU;

the need to identify and quantify the amount of any liabilities which are likely under the preferred resolution strategy not to contributing to loss absorption or recapitalisation, considering at a minimum the following factors:

the size of funding needs in the run-up to and during resolution, the availability of sources of funding, and impediments to the transfer of funds as required within the institution or group;

whether appropriate arrangements are specified for losses to be transferred to legal entities to which resolution tools would be applied from other group companies, including where relevant an assessment of the amount and loss-absorbency of intragroup funding.

matters addressed in points 8 to 12 of Section C of the Annex to Directive 2014/59/EU;

the capability of the institution or group to provide information on the amount, and location within the group, of assets which would be expected to qualify as collateral for central bank facilities;

the capability of the institution or group to provide information to carry out a valuation to determine the amount of write-down or recapitalisation required.

matters addressed in point 20 of Section C of the Annex to Directive 2014/59/EU;

existence of adequate processes for coordination and communication and assurances on actions to be taken between home and host authorities, including in third countries, to enable delivery of the resolution strategy;

whether law in relevant home and host jurisdictions overrides contractual termination rights in financial contracts that are triggered solely by the failure and resolution of an affiliated company.

whether requirements for regulatory approvals or authorisations necessary to deliver the resolution strategy can be met in a timely manner;

whether significant contractual documentation permits termination of contracts on entry into resolution;

whether contractual obligations which cannot be disapplied by the resolution authority prohibit any transfer of assets and/or liabilities envisaged in the resolution strategy.