asset separation tool

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:

    ‘asset separation tool’ means the mechanism for effecting a transfer by a resolution authority of assets, rights or liabilities of an institution under resolution to an asset management vehicle in accordance with Article 42;

Earlier definition records in this act (1)

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Used in (11 places in 8 provisions on 12/11/2026)

Bank Recovery and Resolution Directive (BRRD) (11 in 8)

Recital 66 · Article 2 · Article 34 · Article 36 · Article 372 · Article 423 · Article 43 · Article 46

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