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  2. Legislation (EU)
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  4. 2014
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  1. Regulation 806/2014/EU - Single Resolution Mechanism Regulation (SRMR)
  2. Part II Specific Provisions (arts. 8-41)
  3. Title I Functions within the SRM and procedural rules (arts. 8-41)
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Title I Functions within the SRM and procedural rules (arts. 8-41)

Comparing proposed amendment...
Chapter 1 Resolution planning (arts. 8-12k)
Amended
 Article 8 Resolution plans drawn up by the Board
Applicable
 Article 9 Resolution plans drawn up by national resolution authorities
Amended
 Article 10 Assessment of resolvability
Inserted
 Article 10a Power to prohibit certain distributions
Applicable
 Article 11 Simplified obligations for certain institutions
Amended
 Article 12 Minimum requirement for own funds and eligible liabilities
Amended
 Article 12a Application and calculation of the minimum requirement for own funds and eligible liabilities
Inserted
 Article 12b Exemption from the minimum requirement for own funds and eligible liabilities
Inserted
 Article 12c Eligible liabilities for resolution entities
Inserted
 Article 12d Determination of the minimum requirement for own funds and eligible liabilities
Inserted
 Article 12e Determination of the minimum requirement for own funds and eligible liabilities for resolution entities of G-SIIs and Union material subsidiaries of non-EU G-SIIs
Inserted
 Article 12f Application of the minimum requirement for own funds and eligible liabilities to resolution entities
Inserted
 Article 12g Application of the minimum requirement for own funds and eligible liabilities to entities that are not themselves resolution entities
Inserted
 Article 12h Waiver of the minimum requirement for own funds and eligible liabilities applied to entities that are not themselves resolution entities
Inserted
 Article 12i Waiver for a central body and credit institutions permanently affiliated to a central body
Inserted
 Article 12j Breaches of the minimum requirement for own funds and eligible liabilities
Inserted
 Article 12k Transitional and post-resolution arrangements
Chapter 2 Early intervention (art. 13)
Applicable
 Article 13 Early intervention
Chapter 3 Resolution (arts. 14-29)
Applicable
 Article 14 Resolution objectives
Applicable
 Article 15 General principles governing resolution
Amended
 Article 16 Resolution of financial institutions and parent undertakings
Applicable
 Article 17 Order of priority of claims
Amended
 Article 18 Resolution procedure
Applicable
 Article 19 State aid and Fund aid
Amended
 Article 20 Valuation for the purposes of resolution
Amended
 Article 21 Write-down or conversion of capital instruments and eligible liabilities
Applicable
 Article 22 General principles of resolution tools
Applicable
 Article 23 Resolution Scheme
Applicable
 Article 24 Sale of business tool
Applicable
 Article 25 Bridge institution tool
Applicable
 Article 26 Asset separation tool
Amended
 Article 27 Bail-in tool
Applicable
 Article 28 Monitoring by the Board
Applicable
 Article 29 Implementation of decisions under this Regulation
Chapter 4 Cooperation (arts. 30-33)
ApplicableEntered into force
 Article 30 Obligation to cooperate and information exchange within the SRM
Amended
 Article 31 Cooperation within the SRM
Amended
 Article 32 Consultation of, and cooperation with, non-participating Member States and third countries
Applicable
 Article 33 Recognition and enforcement of third-country resolution proceedings
Chapter 5 Investigatory powers (arts. 34-37)
Applicable
 Article 34 Requests for information
Applicable
 Article 35 General investigations
Applicable
 Article 36 On-site inspections
Applicable
 Article 37 Authorisation by a judicial authority
Chapter 6 Penalties (arts. 38-41)
Applicable
 Article 38 Fines
Applicable
 Article 39 Periodic penalty payments
Applicable
 Article 40 Hearing of the persons subject to the proceedings
Applicable
 Article 41 Disclosure, nature, enforcement and allocation of fines and periodic penalty payments
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