bail-in tool definition
bail-in tool means the mechanism for effecting the exercise by a resolution authority of the write-down and conversion powers in relation to liabilities of an institution under resolution in accordance with Article 43;
bail-in tool means the bail-in tool as defined in point (57) of Article 2(1) of Directive 2014/59/EU;
bail-in tool means, in relation to an institution that is placed in resolution, the power of resolution authorities inter alia to ensure that capital instruments and eligible liabilities, including senior debt instruments such as the Notes, absorb losses of the issuing institution, through the write-down or conversion to equity of such instruments. A reference to a "Regulated Entity" is any entity referred to in Section 1 of Article L.613-34 of the French Code monétaire et financier as amended from time to time.
More Definitions of bail-in tool
bail-in tool means the write-down and conversion powers of liabilities of an institution that meets the conditions for resolution;
bail-in tool means the exercise by a resolution authority of the write-down and conversion powers in relation to liabilities of an institution that meets the conditions for resolution in accordance with Article 37;
bail-in tool means the mechanism described Article 65(1) for recapitalizing a bank or exercise of the write down or conversion power;
bail-in tool means the mechanism for effecting the exercise of the write-down and conversion power in relation to the liabilities of a selected institution under resolution;
bail-in tool means, in relation to an institution that is placed in resolution, the power of resolution authorities inter alia to ensure that capital instruments and eligible liabilities, including senior debt instruments such as the Notes, absorb losses of the issuing institution, through the write-down or conversion to equity of such instruments.
bail-in tool means the power provided to the Relevant Resolution Authority to write-down bail-inable liabilities of a credit institution in resolution, or to convert them to equity;
bail-in tool means the mechanism for effecting the exercise by the resolution authority of the write-down and conversion powers in relation to liabilities of an institution under resolution, in accordance with section 12A of the Banking Act 2009;”;