Resolution Powers definition
Resolution Powers means any action in respect of the assets, contracts, rights, obligations and liabilities of a Clearing Participant existing from time to time under, and exercised in compliance with, any law or regulation in effect in The Netherlands, relating to EU Regulation RCR and including the application of articles 28, 32, 55, 56 and 57 of EU Regulation RCR.
Resolution Powers means any action in respect of the assets, contracts, rights, obligations and liabilities of a Clearing Participant existing from time to time under, and exercised in compliance with, any law or regulation in effect in The Netherlands, relating to EU
Resolution Powers means the powers of the Bank under Part 1 of the Banking Act 2009 other than those exercised in applying the resolution tools;”.
Examples of Resolution Powers in a sentence
On October 19, 2017, the Financial Sector Legislation Amendment (Crisis Resolution Powers and Other Measures) Bill 2017 (“Crisis Management Bill”) was introduced into the Commonwealth Parliament of Australia.
More Definitions of Resolution Powers
Resolution Powers means the powers conferred on the Resolution Committee in terms of the Recovery and Resolution Regulations;