Updated 18/10/2024
In force since 21/06/2016

Initial Legal Act
References (2)
01/06/2016
Delegated Regulation 2016/860 published in OJ
Search within this legal act
BRRD ToolDelegated Regulation 2016/860

Delegated Regulation 2016/860

Commission Delegated Regulation (EU) 2016/860 of 4 February 2016 specifying further the circumstances where exclusion from the application of write-down or conversion powers is necessary under Article 44(3) of Directive 2014/59/EU of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms

RecitalsArticle 1 - Subject matterArticle 2 - ScopeArticle 3 - DefinitionsArticle 4 - Common provisionsArticle 5 - Exclusion on grounds of impossibility to bail-in under Article 44(3)(a) of Directive 2014/59/EUArticle 6 - Reasonable timeArticle 7 - Exclusion on grounds of preservation of certain critical functions and core business lines under Article 44(3)(b) of Directive 2014/59/EUArticle 8 - Exclusion on grounds of avoidance of widespread contagion under Article 44(3)(c) of Directive 2014/59/EUArticle 9 - Exclusion on grounds of avoidance of a decrease in value under Article 44(3)(d) of Directive 2014/59/EUArticle 10 - Entry into force