Version status: Entered into force | Document consolidation status: No known changes

Published date: 1 June 2016

Commission Delegated Regulation (EU) 2016/860 of 4 February 2016 specifying further the circumstances where exclusion from the application of write-down or conversion powers is necessary under Article 44(3) of Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms

	Recitals
	Article 1 Subject matter
	Article 2 Scope
	Article 3 Definitions
	Article 4 Common provisions
	Article 5 Exclusion on grounds of impossibility to bail-in under Article 44(3)(a) of Directive 2014/59/EU
	Article 6 Reasonable time
	Article 7 Exclusion on grounds of preservation of certain critical functions and core business lines under Article 44(3)(b) of Directive 2014/59/EU
	Article 8 Exclusion on grounds of avoidance of widespread contagion under Article 44(3)(c) of Directive 2014/59/EU
	Article 9 Exclusion on grounds of avoidance of a decrease in value under Article 44(3)(d) of Directive 2014/59/EU
	Article 10 Entry into force
	Done at