Article 34
Effect of write-down and conversion
The resolution authority shall complete or require the completion of all the administrative and procedural tasks necessary to give effect to the application of the write-down and conversion tool, including:
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(a) |
the amendment of all relevant registers; |
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(b) |
the delisting or removal from trading of instruments of ownership or debt instruments; |
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(c) |
the listing or admission to trading of new instruments of ownership; and |
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(d) |
the relisting or readmission of any debt instruments which have been written down, without the requirement for the issuing of a prospectus in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the Council (24). |
(24) Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC (OJ L 168, 30.6.2017, p. 12).