crisis prevention measure
Definitions over time (1)
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02/07/2014 – 20/07/2017 Article 2, Bank Recovery and Resolution Directive (BRRD) Scope: Whole act
1. 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;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 11/11/2026)
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