1. European
  2. Legislation (EU)
  3. EU Regulations
  4. 2021
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  1. Regulation (EU) 2021/23 of the European Parliament and of the Council of 16 December 2020 on a framework for the recovery and resolution of central counterparties and amending Regulations (EU) No 1095/2010, (EU) No 648/2012, (EU) No 600/2014, (EU) No 806/2014 and (EU) 2015/2365 and Directives 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU and (EU) 2017/1132 (CCPRRR) (Text with EEA relevance)
  2. Title V Resolution (arts. 21-75)
  3. Chapter III Resolution tools
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Chapter III Resolution tools

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