Regulation on classes of arrangements to be protected in a partial property transfer under Article 76 of Directive 2014/59/EU of the European Parliament and of the Council
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 126mo ago
This regulation specifies which types of financial arrangements must be protected when a bank undergoes a partial transfer of its assets and liabilities. It ensures that the stability of the financial system is maintained by clarifying how specific contracts and obligations are handled during such transfers.
This primarily affects credit institutions and financial supervisors. It provides legal certainty for banks and their creditors during corporate restructuring processes.