Open on EUR-Lex ↗

Recital 37

Recital 37

(37)When pursuing the resolution objectives, resolution authorities should assess the most appropriate way for minimising the costs of resolution. Minimising reliance on extraordinary public financial support is a resolution objective, but the use of such support also constitutes a cost of resolution. Cost minimisation should not, however, be considered a separate resolution objective, but rather a principle by which resolution authorities should be guided when deciding how best to achieve the resolution objectives.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
5 queries · page built in 6 msInventory f82bbfa3