Bank Recovery and Resolution Directive (BRRD)
28/12/2017 → 27/06/2019: 19 inserted · 0 removed · 30 amended · 0 moved · 3 renamed · 233 unchanged
Position-only shifts inside the same heading are not changes. Amended = the printed text changed.
Preamble
Preamble · 1 unchanged
Recitals
Recitals · 133 unchanged
Recital 1 · Recital 2 · Recital 3 · Recital 4 · Recital 5 · Recital 6 · Recital 7 · Recital 8 · Recital 9 · Recital 10 · Recital 11 · Recital 12 · Recital 13 · Recital 14 · Recital 15 · Recital 16 · Recital 17 · Recital 18 · Recital 19 · Recital 20 · Recital 21 · Recital 22 · Recital 23 · Recital 24 · Recital 25 · Recital 26 · Recital 27 · Recital 28 · Recital 29 · Recital 30 · Recital 31 · Recital 32 · Recital 33 · Recital 34 · Recital 35 · Recital 36 · Recital 37 · Recital 38 · Recital 39 · Recital 40 · Recital 41 · Recital 42 · Recital 43 · Recital 44 · Recital 45 · Recital 46 · Recital 47 · Recital 48 · Recital 49 · Recital 50 · Recital 51 · Recital 52 · Recital 53 · Recital 54 · Recital 55 · Recital 56 · Recital 57 · Recital 58 · Recital 59 · Recital 60 · Recital 61 · Recital 62 · Recital 63 · Recital 64 · Recital 65 · Recital 66 · Recital 67 · Recital 68 · Recital 69 · Recital 70 · Recital 71 · Recital 72 · Recital 73 · Recital 74 · Recital 75 · Recital 76 · Recital 77 · Recital 78 · Recital 79 · Recital 80 · Recital 81 · Recital 82 · Recital 83 · Recital 84 · Recital 85 · Recital 86 · Recital 87 · Recital 88 · Recital 89 · Recital 90 · Recital 91 · Recital 92 · Recital 93 · Recital 94 · Recital 95 · Recital 96 · Recital 97 · Recital 98 · Recital 99 · Recital 100 · Recital 101 · Recital 102 · Recital 103 · Recital 104 · Recital 105 · Recital 106 · Recital 107 · Recital 108 · Recital 109 · Recital 110 · Recital 111 · Recital 112 · Recital 113 · Recital 114 · Recital 115 · Recital 116 · Recital 117 · Recital 118 · Recital 119 · Recital 120 · Recital 121 · Recital 122 · Recital 123 · Recital 124 · Recital 125 · Recital 126 · Recital 127 · Recital 128 · Recital 129 · Recital 130 · Recital 131 · Recital 132 · Recital 133
Title I - SCOPE, DEFINITIONS AND AUTHORITIES
- amended Article 2 - Definitions Title I
Title II - PREPARATION
- amended Article 10 - Resolution plans Title II › Chapter I › Section 3
- amended Article 12 - Group resolution plans Title II › Chapter I › Section 3
- amended Article 13 - Requirement and procedure for group resolution plans Title II › Chapter I › Section 3
- amended Article 16 - Assessment of resolvability for groups Title II › Chapter II
- inserted Article 16a - Power to prohibit certain distributions Title II › Chapter II
- amended Article 17 - Powers to address or remove impediments to resolvability Title II › Chapter II
- amended Article 18 - Powers to address or remove impediments to resolvability: group treatment Title II › Chapter II
Title II · 17 unchanged
Article 4 · Article 5 · Article 6 · Article 7 · Article 8 · Article 9 · Article 11 · Article 14 · Article 15 · Article 19 · Article 20 · Article 21 · Article 22 · Article 23 · Article 24 · Article 25 · Article 26
Title III - EARLY INTERVENTION
Title III · 4 unchanged
Title IV - RESOLUTION
- amended Article 32 - Conditions for resolution Title IV › Chapter I
- inserted Article 32a - Conditions for resolution with regard to a central body and credit institutions permanently affiliated to a central body Title IV › Chapter I
- inserted Article 32b - Insolvency proceedings in respect of institutions and entities that are not subject to resolution action Title IV › Chapter I
- amended Article 33 - Conditions for resolution with regard to financial institutions and holding companies Title IV › Chapter I
- inserted Article 33a - Power to suspend certain obligations Title IV › Chapter I
- amended Article 36 - Valuation for the purposes of resolution Title IV › Chapter III
- amended Article 37 - General principles of resolution tools Title IV › Chapter IV › Section 1
- amended Article 44 - Scope of bail-in tool Title IV › Chapter IV › Section 5 › Subsection 1
- inserted Article 44a - Selling of subordinated eligible liabilities to retail clients Title IV › Chapter IV › Section 5 › Subsection 1
- amendedrenamed Article 45 - Application and calculation of the minimum requirement for own funds and eligible liabilities Title IV › Chapter IV › Section 5 › Subsection 2 was “Article 45 - Application of the minimum requirement”
- inserted Article 45a - Exemption from the minimum requirement for own funds and eligible liabilities Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45b - Eligible liabilities for resolution entities Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45c - Determination of the minimum requirement for own funds and eligible liabilities Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45d - Determination of the minimum requirement for own funds and eligible liabilities for resolution entities of G-SIIs and Union material subsidiaries of non-EU G-SIIs Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45e - Application of the minimum requirement for own funds and eligible liabilities to resolution entities Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45f - Application of the minimum requirement for own funds and eligible liabilities to entities that are not themselves resolution entities Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45g - Waiver for a central body and credit institutions permanently affiliated to a central body Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45h - Procedure for determining the minimum requirement for own funds and eligible liabilities Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45i - Supervisory reporting and public disclosure of the requirement Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45j - Reporting to EBA Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45k - Breaches of the minimum requirement for own funds and eligible liabilities Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45l - Reports Title IV › Chapter IV › Section 5 › Subsection 2
- inserted Article 45m - Transitional and post-resolution arrangements Title IV › Chapter IV › Section 5 › Subsection 2
- amended Article 46 - Assessment of amount of bail-in Title IV › Chapter IV › Section 5 › Subsection 3
- amended Article 47 - Treatment of shareholders in bail-in or write down or conversion of capital instruments Title IV › Chapter IV › Section 5 › Subsection 3
- amended Article 48 - Sequence of write down and conversion Title IV › Chapter IV › Section 5 › Subsection 3
- amended Article 55 - Contractual recognition of bail-in Title IV › Chapter IV › Section 5 › Subsection 4
- renamed Title IV › Chapter V - Write down or conversion of capital instruments and eligible liabilities was “Chapter V - Write down of capital instruments”
- amendedrenamed Article 59 - Requirement to write down or convert relevant capital instruments and eligible liabilities Title IV › Chapter V was “Article 59 - Requirement to write down or convert capital instruments”
- amendedrenamed Article 60 - Provisions concerning the write down or conversion of relevant capital instruments and eligible liabilities Title IV › Chapter V was “Article 60 - Provisions governing the write down or conversion of capital instruments”
- amended Article 61 - Authorities responsible for determination Title IV › Chapter V
- amended Article 62 - Consolidated application: procedure for determination Title IV › Chapter V
- amended Article 63 - General powers Title IV › Chapter VI
- amended Article 66 - Power to enforce crisis management measures or crisis prevention measures by other Member States Title IV › Chapter VI
- amended Article 68 - Exclusion of certain contractual terms in early intervention and resolution Title IV › Chapter VI
- amended Article 69 - Power to suspend certain obligations Title IV › Chapter VI
- amended Article 70 - Power to restrict the enforcement of security interests Title IV › Chapter VI
- amended Article 71 - Power to temporarily suspend termination rights Title IV › Chapter VI
- inserted Article 71a - Contractual recognition of resolution stay powers Title IV › Chapter VI
Title IV · 36 unchanged
Article 31 · Article 34 · Article 35 · Article 38 · Article 39 · Article 40 · Article 41 · Article 42 · Article 43 · Article 49 · Article 50 · Article 51 · Article 52 · Article 53 · Article 54 · Article 56 · Article 57 · Article 58 · Article 64 · Article 65 · Article 67 · Article 72 · Article 73 · Article 74 · Article 75 · Article 76 · Article 77 · Article 78 · Article 79 · Article 80 · Article 81 · Article 82 · Article 83 · Article 84 · Article 85 · Article 86
Title V - CROSS-BORDER GROUP RESOLUTION
- amended Article 88 - Resolution colleges Title V
- amended Article 89 - European resolution colleges Title V
Title V · 4 unchanged
Title VI - RELATIONS WITH THIRD COUNTRIES
Title VI · 6 unchanged
Article 93 · Article 94 · Article 95 · Article 96 · Article 97 · Article 98
Title VII - FINANCING ARRANGEMENTS
Title VII · 11 unchanged
Article 99 · Article 100 · Article 101 · Article 102 · Article 103 · Article 104 · Article 105 · Article 106 · Article 107 · Article 108 · Article 109
Title VIII - PENALTIES
Title VIII · 5 unchanged
Article 110 · Article 111 · Article 112 · Article 113 · Article 114
Title IX - POWERS OF EXECUTION
Title IX · 1 unchanged
Title X - AMENDMENTS TO DIRECTIVES 82/891/EEC, 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU AND 2013/36/EU AND TO REGULATIONS (EU) NO 1093/2010 AND (EU) NO 648/2012
Title X · 7 unchanged
Article 117 · Article 118 · Article 119 · Article 121 · Article 124 · Article 125 · Article 126
Title XI - FINAL PROVISIONS
Title XI · 6 unchanged
Article 127 · Article 128 · Article 129 · Article 130 · Article 131 · Article 132
Annexes
- amended Annex 1 - SECTION A