Article 65
Safeguard for counterparties in partial transfers
The protections provided for in Articles 66, 67 and 68 shall apply in the following circumstances:
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(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 |
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(b) |
where the resolution authority exercises the powers referred to in point (g) of Article 49(1). |