asset separation tool
Defined in Article 2, Bank Recovery and Resolution Directive (BRRD)
Definitions over time (1)
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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)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 2(1)(55) Historical · definitions end 20/07/2017
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