+Article 22 3
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Article 22 3
3. For the purposes of point (a) of paragraph 1, a CCP shall be deemed to be failing or likely to fail where one or more of the following circumstances apply:
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(a)
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the CCP infringes, or is likely to infringe, its authorisation requirements in a way that would justify the withdrawal of its authorisation pursuant to Article 20 of Regulation (EU) No 648/2012;
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(b)
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the CCP is unable, or is likely to be unable, to provide a critical function;
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(c)
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the CCP is unable, or is likely to be unable, to restore its viability through the implementation of its recovery measures;
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(d)
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the CCP is unable, or is likely to be unable, to pay its debts or other liabilities as they fall due;
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(e)
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the CCP requires extraordinary public financial support.
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1. Overzicht
1.1 Referenties
1.2 Geïdentificeerde eisen
1.3 Gerelateerde standaarden
2. Geïdentificeerde eisen
3. Gerelateerde standaarden
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