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+Article 12k 3. |
Article 12k 3.The minimum levels of the requirements referred to in Article 12d(4) and (5) shall not apply within the two-year period following the date:
(a)
on which the Board has applied the bail-in tool; or
(b)
on which the resolution entity has put in place an alternative private sector measure as referred to in point (b) of Article 18(1) by which capital instruments and other liabilities have been written down or converted into Common Equity Tier 1 instruments, or on which write down or conversion powers, in accordance with Article 21, have been exercised in respect of that resolution entity, in order to recapitalise the resolution entity without the application of resolution tools. 1. Prezentare generală
1.1 Referințe1.2 Cerințe identificate1.3 Standarde asociate2. Cerințe identificate
3. Standarde asociate
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