|
|
Section 1 General pr inciples |
|
|
Article 27 General provisions on resolution tools |
|
|
Section 2 Position allocation and loss allocation tools |
|
|
Article 28 Objective and scope of the position and loss allocation tools |
|
|
Article 29 Termination of contracts - partial or full |
|
|
Article 30 Reduction of the value of any gains payable by the CCP to non-defaulting clearing members |
|
|
Article 31 Resolution cash call |
|
|
Section 3 Write-do wn and conv ersion of instr uments of o wnership and debt ins tr uments or other unsecured liabilities |
|
|
Article 32 Requirement to write down and convert instruments of ownership and debt instruments or other unsecured liabilities |
|
|
Article 33 Provisions governing the write-down or conversion of instruments of ownership and debt instruments or other unsecured liabilities |
|
|
Article 34 Effect of write-down and conversion |
|
|
Article 35 Removal of procedural obstacles for write-down and conversion |
|
|
Article 36 Submission of a business reorganisation plan |
|
|
Article 37 Content of the business reorganisation plan |
|
|
Article 38 Assessment and adoption of the business reorganisation plan |
|
|
Article 39 Implementation and monitoring of the business reorganisation plan |
|
|
Section 4 Sale of business tool |
|
|
Article 40 Sale of business tool |
|
|
Article 41 Sale of business tool: procedural requirements |
|
|
Section 5 Bridge CCP tool |
|
|
Article 42 Bridge CCP tool |
|
|
Article 43 Bridge CCP: procedural requirements |
|
|
Section 6 Additional financing arrangements |
|
|
Article 44 Alternative funding means |
|
|
Section 7 Government stabilisation tools |
|
|
Article 45 Government financial stabilisation tools |
|
|
Article 46 Public equity support tool |
|
|
Article 47 Temporary public ownership tool |
