Contractual recognition of write down and conversion powers

Topic area:
Status: 22.09.2021 |
Archived
Key words:
Resolution, Supplement
Initiative
Official name
COMMISSION DELEGATED REGULATION (EU) 2021/1527 of 31 May 2021 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards for the contractual recognition of write down and conversion powers
Type
Delegated Regulation
Level 2
Initiator
EBA
Submitted
24.07.2020
Doc. code
2021/1527
Summary
Status
Status

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Current version
Final version
31.05.2021
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Relevant for

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Associated initiatives
Level 1
Bank Recovery and Resolution Directive (BRRD) (binding, Main version, EU)
Level 2
Impracticability of contractual recognition of write down and conversion powers (binding, Supplement, EU)
Level 3 / Other
Impracticability of bail-in recognition clauses in contracts (binding, EU)

Source: EBA, 2021/1527, 2021