What changes on 02/07/2014
The text in force from 27/06/2010 compared with the text from 02/07/2014.
267 inserted
0 amended
0 deleted
0 moved
Read the act as of 02/07/2014 · other versions: 07/01/2020 · 26/06/2021 · 12/08/2022 · 14/11/2022 · 09/01/2024 · 14/11/2024 · 17/01/2025 · 11/05/2026
Title I
- inserted Article 1 - Subject matter and scope
- inserted Article 2 - Definitions
- inserted Article 3 - Designation of authorities responsible for resolution
Title II › Chapter I › Section 1
Title II › Chapter I › Section 2
- inserted Article 5 - Recovery plans
- inserted Article 6 - Assessment of recovery plans
- inserted Article 7 - Group recovery plans
- inserted Article 8 - Assessment of group recovery plans
- inserted Article 9 - Recovery Plan Indicators
Title II › Chapter I › Section 3
- inserted Article 10 - Resolution plans
- inserted Article 11 - Information for the purpose of resolution plans and cooperation from the institution
- inserted Article 12 - Group resolution plans
- inserted Article 13 - Requirement and procedure for group resolution plans
- inserted Article 14 - Transmission of resolution plans to the competent authorities
Title II › Chapter II
- inserted Article 15 - Assessment of resolvability for institutions
- inserted Article 16 - Assessment of resolvability for groups
- inserted Article 17 - Powers to address or remove impediments to resolvability
- inserted Article 18 - Powers to address or remove impediments to resolvability: group treatment
Title II › Chapter III
- inserted Article 19 - Group financial support agreement
- inserted Article 20 - Review of proposed agreement by competent authorities and mediation
- inserted Article 21 - Approval of proposed agreement by shareholders
- inserted Article 22 - Transmission of the group financial support agreements to resolution authorities
- inserted Article 23 - Conditions for group financial support
- inserted Article 24 - Decision to provide financial support
- inserted Article 25 - Right of opposition of competent authorities
- inserted Article 26 - Disclosure
Title III
- inserted Article 27 - Early intervention measures
- inserted Article 28 - Removal of senior management and management body
- inserted Article 29 - Temporary administrator
- inserted Article 30 - Coordination of early intervention measures and appointment of temporary administrator in relation to groups
Title IV › Chapter I
- inserted Article 31 - Resolution objectives
- inserted Article 32 - Conditions for resolution
- inserted Article 33 - Conditions for resolution with regard to financial institutions and holding companies
- inserted Article 34 - General principles governing resolution
Title IV › Chapter II
- inserted Article 35 - Special management
Title IV › Chapter III
Title IV › Chapter IV › Section 1
Title IV › Chapter IV › Section 2
- inserted Article 38 - The sale of business tool
- inserted Article 39 - Sale of business tool: procedural requirements
Title IV › Chapter IV › Section 3
- inserted Article 40 - Bridge institution tool
- inserted Article 41 - Operation of a bridge institution
Title IV › Chapter IV › Section 4
- inserted Article 42 - Asset separation tool
Title IV › Chapter IV › Section 5 › Subsection 1
- inserted Article 43 - The bail-in tool
- inserted Article 44 - Scope of bail-in tool
Title IV › Chapter IV › Section 5 › Subsection 2
Title IV › Chapter IV › Section 5 › Subsection 3
- inserted Article 46 - Assessment of amount of bail-in
- inserted Article 47 - Treatment of shareholders in bail-in or write down or conversion of capital instruments
- inserted Article 48 - Sequence of write down and conversion
- inserted Article 49 - Derivatives
- inserted Article 50 - Rate of conversion of debt to equity
- inserted Article 51 - Recovery and reorganisation measures to accompany bail-in
- inserted Article 52 - Business reorganisation plan
Title IV › Chapter IV › Section 5 › Subsection 4
- inserted Article 53 - Effect of bail-in
- inserted Article 54 - Removal of procedural impediments to bail-in
- inserted Article 55 - Contractual recognition of bail-in
- inserted Article 56 - Government financial stabilisation tools
- inserted Article 57 - Public equity support tool
- inserted Article 58 - Temporary public ownership tool
Title IV › Chapter V
- inserted Article 59 - Requirement to write down or convert capital instruments
- inserted Article 60 - Provisions governing the write down or conversion of capital instruments
- inserted Article 61 - Authorities responsible for determination
- inserted Article 62 - Consolidated application: procedure for determination
Title IV › Chapter VI
- inserted Article 63 - General powers
- inserted Article 64 - Ancillary powers
- inserted Article 65 - Power to require the provision of services and facilities
- inserted Article 66 - Power to enforce crisis management measures or crisis prevention measures by other Member States
- inserted Article 67 - Power in respect of assets, rights, liabilities, shares and other instruments of ownership located in third countries
- inserted Article 68 - Exclusion of certain contractual terms in early intervention and resolution
- inserted Article 69 - Power to suspend certain obligations
- inserted Article 70 - Power to restrict the enforcement of security interests
- inserted Article 71 - Power to temporarily suspend termination rights
- inserted Article 72 - Exercise of the resolution powers
Title IV › Chapter VII
- inserted Article 73 - Treatment of shareholders and creditors in the case of partial transfers and application of the bail-in tool
- inserted Article 74 - Valuation of difference in treatment
- inserted Article 75 - Safeguard for shareholders and creditors
- inserted Article 76 - Safeguard for counterparties in partial transfers
- inserted Article 77 - Protection for financial collateral, set off and netting agreements
- inserted Article 78 - Protection for security arrangements
- inserted Article 79 - Protection for structured finance arrangements and covered bonds
- inserted Article 80 - Partial transfers: protection of trading, clearing and settlement systems
Title IV › Chapter VIII
- inserted Article 81 - Notification requirements
- inserted Article 82 - Decision of the resolution authority
- inserted Article 83 - Procedural obligations of resolution authorities
- inserted Article 84 - Confidentiality
Title IV › Chapter IX
- inserted Article 85 - Ex-ante judicial approval and rights to challenge decisions
- inserted Article 86 - Restrictions on other proceedings
Title V
- inserted Article 87 - General principles regarding decision-making involving more than one Member State
- inserted Article 88 - Resolution colleges
- inserted Article 89 - European resolution colleges
- inserted Article 90 - Information exchange
- inserted Article 91 - Group resolution involving a subsidiary of the group
- inserted Article 92 - Group resolution
Title VI
- inserted Article 93 - Agreements with third countries
- inserted Article 94 - Recognition and enforcement of third-country resolution proceedings
- inserted Article 95 - Right to refuse recognition or enforcement of third-country resolution proceedings
- inserted Article 96 - Resolution of Union branches
- inserted Article 97 - Cooperation with third-country authorities
- inserted Article 98 - Exchange of confidential information
Title VII
- inserted Article 99 - European system of financing arrangements
- inserted Article 100 - Requirement to establish resolution financing arrangements
- inserted Article 101 - Use of the resolution financing arrangements
- inserted Article 102 - Target level
- inserted Article 103 - Ex-ante contributions
- inserted Article 104 - Extraordinary ex-post contributions
- inserted Article 105 - Alternative funding means
- inserted Article 106 - Borrowing between financing arrangements
- inserted Article 107 - Mutualisation of national financing arrangements in the case of a group resolution
- inserted Article 108 - Ranking of deposits in insolvency hierarchy
- inserted Article 109 - Use of deposit guarantee schemes in the context of resolution
Title VIII
- inserted Article 110 - Administrative penalties and other administrative measures
- inserted Article 111 - Specific provisions
- inserted Article 112 - Publication of administrative penalties
- inserted Article 113 - Maintenance of central database by EBA
- inserted Article 114 - Effective application of penalties and exercise of powers to impose penalties by competent authorities and resolution authorities
Title IX
Title X
- inserted Article 116 - Amendment to Directive 82/891/EEC
- inserted Article 117 - Amendments to Directive 2001/24/EC
- inserted Article 118 - Amendment to Directive 2002/47/EC
- inserted Article 119 - Amendment to Directive 2004/25/EC
- inserted Article 120 - Amendment to Directive 2005/56/EC
- inserted Article 121 - Amendments to Directive 2007/36/EC
- inserted Article 122 - Amendment to Directive 2011/35/EU
- inserted Article 123 - Amendment to Directive 2012/30/EU
- inserted Article 124 - Amendment to Directive 2013/36/EU
- inserted Article 125 - Amendment to Regulation (EU) No 1093/2010
- inserted Article 126 - Amendment to Regulation (EU) No 648/2012
Title XI
- inserted Article 127 - EBA Resolution Committee
- inserted Article 128 - Cooperation with EBA
- inserted Article 129 - Review
- inserted Article 130 - Transposition
- inserted Article 131 - Entry into force
- inserted Article 132 - Addressees
Outside any heading
- inserted Recital 1
- inserted Recital 2
- inserted Recital 3
- inserted Recital 4
- inserted Recital 5
- inserted Recital 6
- inserted Recital 7
- inserted Recital 8
- inserted Recital 9
- inserted Recital 10
- inserted Recital 11
- inserted Recital 12
- inserted Recital 13
- inserted Recital 14
- inserted Recital 15
- inserted Recital 16
- inserted Recital 17
- inserted Recital 18
- inserted Recital 19
- inserted Recital 20
- inserted Recital 21
- inserted Recital 22
- inserted Recital 23
- inserted Recital 24
- inserted Recital 25
- inserted Recital 26
- inserted Recital 27
- inserted Recital 28
- inserted Recital 29
- inserted Recital 30
- inserted Recital 31
- inserted Recital 32
- inserted Recital 33
- inserted Recital 34
- inserted Recital 35
- inserted Recital 36
- inserted Recital 37
- inserted Recital 38
- inserted Recital 39
- inserted Recital 40
- inserted Recital 41
- inserted Recital 42
- inserted Recital 43
- inserted Recital 44
- inserted Recital 45
- inserted Recital 46
- inserted Recital 47
- inserted Recital 48
- inserted Recital 49
- inserted Recital 50
- inserted Recital 51
- inserted Recital 52
- inserted Recital 53
- inserted Recital 54
- inserted Recital 55
- inserted Recital 56
- inserted Recital 57
- inserted Recital 58
- inserted Recital 59
- inserted Recital 60
- inserted Recital 61
- inserted Recital 62
- inserted Recital 63
- inserted Recital 64
- inserted Recital 65
- inserted Recital 66
- inserted Recital 67
- inserted Recital 68
- inserted Recital 69
- inserted Recital 70
- inserted Recital 71
- inserted Recital 72
- inserted Recital 73
- inserted Recital 74
- inserted Recital 75
- inserted Recital 76
- inserted Recital 77
- inserted Recital 78
- inserted Recital 79
- inserted Recital 80
- inserted Recital 81
- inserted Recital 82
- inserted Recital 83
- inserted Recital 84
- inserted Recital 85
- inserted Recital 86
- inserted Recital 87
- inserted Recital 88
- inserted Recital 89
- inserted Recital 90
- inserted Recital 91
- inserted Recital 92
- inserted Recital 93
- inserted Recital 94
- inserted Recital 95
- inserted Recital 96
- inserted Recital 97
- inserted Recital 98
- inserted Recital 99
- inserted Recital 100
- inserted Recital 101
- inserted Recital 102
- inserted Recital 103
- inserted Recital 104
- inserted Recital 105
- inserted Recital 106
- inserted Recital 107
- inserted Recital 108
- inserted Recital 109
- inserted Recital 110
- inserted Recital 111
- inserted Recital 112
- inserted Recital 113
- inserted Recital 114
- inserted Recital 115
- inserted Recital 116
- inserted Recital 117
- inserted Recital 118
- inserted Recital 119
- inserted Recital 120
- inserted Recital 121
- inserted Recital 122
- inserted Recital 123
- inserted Recital 124
- inserted Recital 125
- inserted Recital 126
- inserted Recital 127
- inserted Recital 128
- inserted Recital 129
- inserted Recital 130
- inserted Recital 131
- inserted Recital 132
- inserted Recital 133
- inserted Preamble
- inserted Annex 1