4.1 BRRDII amends the powers in Article 17 of BRRD to address or remove impediments to resolvability, providing additional detail on circumstances where there is an impediment to resolvability.
4.2 The Directive also amends the powers of resolution authorities to remove impediments to resolvability to include requiring a firm to change the maturity profile of their MREL.
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Box 4.A: Powers to address or remove impediments to resolvability 1. Do you have any comments on the proposed amendments to the powers to address or remove impediments to resolvability? |