liquidation entity

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

Definitions over time (1)

  1. 14/11/2024 – 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:

    ‘liquidation entity’ means a legal person established in the Union in respect of which the group resolution plan or, for entities that are not part of a group, the resolution plan, provides that the entity is to be wound up under normal insolvency proceedings, or an entity, within a resolution group other than a resolution entity, in respect of which the group resolution plan does not provide for the exercise of write-down and conversion powers;

Used in (10 places in 4 provisions on 12/11/2026)

Bank Recovery and Resolution Directive (BRRD) (10 in 4)

Article 2 · Article 45c6 · Article 45f · Article 45i2

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