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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 15 July 2015 - onwards
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Regulation 123 Powers of resolution authority during resolution period - general.

(1) During the resolution period, the resolution authority may exercise any of the following powers, individually or in any combination, in relation to an institution under resolution, where, in the opinion of the resolution authority, it is appropriate to ensure that a resolution action is effective or to achieve one or more resolution objectives:

(a) require the relevant authority to discontinue or suspend the admission to trading on a regulated market or the official listing of financial instruments pursuant to Directive 2001/34/EC;

(b) require the competent authority to assess the buyer of a qualifying holding in a timely manner by way of derogation from the time-limits set out in -

(i) Regulation 14 of the Capital Requirements Regulations, and

(ii) Regulation 181 of the MiFID I Regulations;

(c) direct an institution under resolution, or any of its group entities, to provide services or facilities to a recipient in accordance with Regulation 125(1);

(d) impose a requirement under R

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