Updated 05/02/2025
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Article 122 - Directive 2014/59/EU (BRRD)

Article 122

Amendment to Directive 2011/35/EU

In Article 1 of Directive 2011/35/EU, the following paragraph is added:

‘4.   Member States shall ensure that this Directive does not apply to the company or companies which are the subject of the use of resolution tools, powers and mechanisms provided for in Title IV of Directive 2014/59/EU of the European Parliament and of the Council (*9).