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Version status: Applicable | Document consolidation status: No known changes
Version date: 12 August 2022 - onwards
Version 3 of 3

Article 65 Safeguard for counterparties in partial transfers

The protections provided for in Articles 66, 67 and 68 shall apply in the following circumstances:

(a) where the resolution authority transfers some but not all of the assets, rights, obligations or liabilities of a CCP under resolution to another entity or, in the application of a resolution tool, from a bridge CCP to a purchaser; and

(b) where the resolution authority exercises the powers referred to in point (g) of Article 49(1).