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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 firmsRecitalsArticle 1 Subject matterArticle 2 ScopeArticle 3 DefinitionsArticle 4 Common provisionsArticle 5 Exclusion on grounds of impossibility to bail-in under Article 44(3)(a) of Directive 2014/59/EUArticle 6 Reasonable timeArticle 7 Exclusion on grounds of preservation of certain critical functions and core business lines under Article 44(3)(b) of Directive 2014/59/EUArticle 8 Exclusion on grounds of avoidance of widespread contagion under Article 44(3)(c) of Directive 2014/59/EUArticle 9 Exclusion on grounds of avoidance of a decrease in value under Article 44(3)(d) of Directive 2014/59/EUArticle 10 Entry into forceDone at
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Version status: Entered into force | Document consolidation status: No known changes
Version date: 21 June 2016 - onwards
Version 2 of 2

Article 2 Scope

This Regulation applies to the entities referred to in paragraphs (a) to (e) of Article 1(1) of Directive 2014/59/EU.

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