What changes on 28/01/2025
The text in force from 06/06/2001 compared with the text from 28/01/2025.
200 inserted
0 amended
0 deleted
0 moved
Read the act as of 28/01/2025 · other versions:
Title I
- inserted Article 1 - Subject matter and scope
- inserted Article 2 - Definitions
- inserted Article 3 - Designation of resolution authorities and competent ministries
Title II › Chapter I › Section 1
Title II › Chapter I › Section 2
- inserted Article 5 - Pre-emptive recovery plans
- inserted Article 6 - Review and assessment by supervisory authorities of pre-emptive recovery plans
- inserted Article 7 - Group pre-emptive recovery plans
- inserted Article 8 - Review and assessment by the group supervisor of group pre-emptive recovery plans
Title II › Chapter I › Section 3
- inserted Article 9 - Resolution plans
- inserted Article 10 - Group resolution plans
- inserted Article 11 - Requirements and procedure for group resolution plans
- inserted Article 12 - Information for the purposes of resolution plans and cooperation of the insurance or reinsurance undertaking
Title II › Chapter II
- inserted Article 13 - Assessment of resolvability
- inserted Article 14 - Assessment of resolvability for groups
- inserted Article 15 - Power to address or remove impediments to resolvability
- inserted Article 16 - Power to address or remove impediments to resolvability: group treatment
Title II › Chapter III
- inserted Article 17 - Joint decisions
Title III › Chapter I
- inserted Article 18 - Resolution objectives
- inserted Article 19 - Conditions for resolution
- inserted Article 20 - Conditions for resolution with regard to parent undertakings and holding companies
- inserted Article 21 - Proceedings in respect of undertakings that are not subject to resolution action
- inserted Article 22 - General principles governing resolution
Title III › Chapter II
- inserted Article 23 - Valuation for the purposes of resolution
- inserted Article 24 - Requirements for valuation
- inserted Article 25 - Provisional and definitive valuations
Title III › Chapter III › Section 1
Title III › Chapter III › Section 2
Title III › Chapter III › Section 3
- inserted Article 28 - Principles for the application of the asset and liability separation tool, the sale-of-business tool and the bridge undertaking tool
- inserted Article 29 - Procedural requirements regarding sales of business, assets, rights or liabilities in resolution
- inserted Article 30 - The asset and liability separation tool
- inserted Article 31 - The sale-of-business tool
- inserted Article 32 - Bridge undertaking tool
- inserted Article 33 - Operation of a bridge undertaking
- inserted Article 34 - Transfer to insurance guarantee schemes
Title III › Chapter III › Section 4
- inserted Article 35 - Objective and scope of the write-down or conversion tool
- inserted Article 36 - Treatment of shareholders when applying the write-down or conversion tool
- inserted Article 37 - Rate of conversion of debt to equity
- inserted Article 38 - Additional provisions governing the write-down or conversion tool
- inserted Article 39 - Effect of write-down or conversion
- inserted Article 40 - Write-down or conversion of liabilities arising from derivatives
- inserted Article 41 - Removal of procedural obstacles for write-down or conversion
Title III › Chapter IV
- inserted Article 42 - General powers
- inserted Article 43 - Ancillary powers
- inserted Article 44 - Special management
- inserted Article 45 - Powers concerning the provision of operational services and facilities
- inserted Article 46 - Power to enforce crisis management measures by other Member States
- inserted Article 47 - Power in respect of assets, rights, liabilities, shares and other instruments of ownership located in or governed by the law of third countries
- inserted Article 48 - Exclusion of certain contractual terms
- inserted Article 49 - Power to suspend certain obligations
- inserted Article 50 - Power to restrict the enforcement of security interests
- inserted Article 51 - Power to temporarily suspend termination rights
- inserted Article 52 - Contractual recognition of resolution stay powers
- inserted Article 53 - Power to temporarily suspend redemption rights
- inserted Article 54 - Exercise of the resolution powers
Title III › Chapter V
- inserted Article 55 - Treatment of shareholders, policy holders, beneficiaries, claimants and other creditors in the case of partial transfers and application of the write-down or conversion tool
- inserted Article 56 - Valuation of difference in treatment
- inserted Article 57 - Safeguard for shareholders, policy holders, beneficiaries, claimants or other creditors
- inserted Article 58 - Safeguard for counterparties in partial transfers
- inserted Article 59 - Protection for title transfer financial collateral arrangements, set-off arrangements, netting arrangements and reinsurance agreements
- inserted Article 60 - Protection for security arrangements
- inserted Article 61 - Protection for structured finance arrangements and other ring-fenced portfolios
- inserted Article 62 - Partial transfers: protection of trading, clearing and settlement systems
Title III › Chapter VI
- inserted Article 63 - Notification requirements
- inserted Article 64 - Decision of the resolution authority
- inserted Article 65 - Procedural obligations of resolution authorities
- inserted Article 66 - Confidentiality
Title III › Chapter VII
- inserted Article 67 - Ex ante judicial approval and rights to challenge decisions
- inserted Article 68 - Restrictions on other proceedings
Title IV
- inserted Article 69 - General principles regarding decision-making involving more than one Member State
- inserted Article 70 - Resolution colleges
- inserted Article 71 - European resolution colleges
- inserted Article 72 - Information exchange
- inserted Article 73 - Group resolution involving a subsidiary undertaking of the group
- inserted Article 74 - Group resolution involving an ultimate parent undertaking
Title V
- inserted Article 75 - Agreements with third countries
- inserted Article 76 - Recognition and enforcement of third-country resolution proceedings
- inserted Article 77 - Right to refuse recognition or enforcement of third-country resolution proceedings
- inserted Article 78 - Resolution of Union branches of third-country undertakings
- inserted Article 79 - Cooperation with third-country authorities
- inserted Article 80 - Exchange of confidential information
- inserted Article 81 - Financing arrangements
Title VI
- inserted Article 82 - Administrative penalties and other administrative measures
- inserted Article 83 - Specific provisions on administrative penalties and other administrative measures
- inserted Article 84 - Publication of administrative penalties and other administrative measures
- inserted Article 85 - Maintenance of central database by EIOPA
- inserted Article 86 - Effective application of penalties and exercise of powers to impose penalties by supervisory authorities and resolution authorities
Title VII
- inserted Article 87 - Amendments to Directive 2002/47/EC
- inserted Article 88 - Amendment to Directive 2004/25/EC
- inserted Article 89 - Amendments to Directive 2007/36/EC
- inserted Article 90 - Amendments to Directive 2014/59/EU
- inserted Article 91 - Amendment to Directive (EU) 2017/1132
- inserted Article 92 - Amendment to Regulation (EU) No 1094/2010
- inserted Article 93 - Amendment to Regulation (EU) No 648/2012
- inserted Article 94 - Amendment to Regulation (EU) No 806/2014
- inserted Article 95 - Amendment to Regulation (EU) 2017/1129
Title VIII
- inserted Article 96 - EIOPA Resolution Committee
- inserted Article 97 - Cooperation with EIOPA
- inserted Article 98 - Insurance guarantee schemes
- inserted Article 99 - Review
- inserted Article 100 - Transposition
- inserted Article 101 - Entry into force and application
- inserted Article 102 - 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 Preamble
- inserted Annex 1