crisis prevention measure

Defined in Article 2, Bank Recovery and Resolution Directive (BRRD)

Definitions over time (1)

1. 20/07/2017 – today applies on 12/11/2026 Article 2, Bank Recovery and Resolution Directive (BRRD) Scope: Whole act

   For the purposes of this Directive the following definitions apply:

   ‘crisis prevention measure’ means the exercise of powers to direct removal of deficiencies or impediments to recoverability under Article 6(6), the exercise of powers to address or remove impediments to resolvability under Article 17 or 18, the application of an early intervention measure under Article 27, the appointment of a temporary administrator under Article 29 or the exercise of the write down or conversion powers under Article 59;

Used in (11 places in 7 provisions on 12/11/2026)

Bank Recovery and Resolution Directive (BRRD) (11 in 7)

Recital 93 · Recital 94 · Article 2 · Article 4 · Article 68⁴ · Article 81 · Article 85²