+Article 42 5.

Article 42 5.

Resolution authorities may exercise the power specified in paragraph 1 to transfer assets, rights or liabilities only if:

(a) 

the situation of the particular market for those assets is of such a nature that the liquidation of those assets under normal insolvency proceedings could have an adverse effect on one or more financial markets.

(b) 

such a transfer is necessary to ensure the proper functioning of the institution under resolution or bridge institution; or

(c) 

such a transfer is necessary to maximise liquidation proceeds.

1. Overzicht

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1.1 Referenties

1.2 Geïdentificeerde eisen

1.3 Gerelateerde standaarden

2. Geïdentificeerde eisen

Eisen

3. Gerelateerde standaarden

Standaarden