Preamble
Recitals 96
Title I - SUBJECT MATTER AND SCOPE, DEFINITIONS AND DESIGNATION OF RESOLUTION AUTHORITIES (Article 1-3) 3
Title II - PREPARATION (Article 4-17) 14
Title III - RESOLUTION (Article 18-68) 51
Title IV - CROSS-BORDER GROUP RESOLUTION (Article 69-74) 6
Title V - RELATIONS WITH THIRD COUNTRIES (Article 75-81) 7
Title VI - PENALTIES (Article 82-86) 5
Title VII - AMENDMENTS TO DIRECTIVES 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU, (EU) 2017/1132 AND TO REGULATIONS (EU) No 1094/2010, (EU) No 648/2012, (EU) No 806/2014 AND (EU) 2017/1129 (Article 87-95) 9
Title VIII - FINAL PROVISIONS (Article 96-102) 7
Annexes 1
- Annex 1

conversion rate

Definitions over time (1)

28/01/2025 – today applies on 12/11/2026 Article 2, Directive (EU) 2025/1 (IRRD) Scope: Whole act

For the purposes of this Directive, the following definitions apply:

‘conversion rate’ means the factor that determines the number of shares or other instruments of ownership into which a liability of a specific class will be converted, by reference either to a single instrument of the class in question or to a specified unit of value of a debt claim;