Updated 18/10/2024
In force since 12/09/2016

Initial Legal Act
References (2)
23/08/2016
Delegated Regulation 2016/1401 published in OJ
17/12/2015
EBA/RTS/2015/11
Final Draft published
13/05/2015
EBA/CP/2015/10
Consultation published
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Delegated Regulation 2016/1401

Commission Delegated Regulation (EU) 2016/1401 of 23 May 2016 supplementing 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 with regard to regulatory technical standards for methodologies and principles on the valuation of liabilities arising from derivatives (Text with EEA relevance)

RecitalsArticle 1 - DefinitionsArticle 2 - Comparison between the destruction in value that would arise from the close-out and the bail-in potential of derivative contractsArticle 3 - Communication of the decision to close outArticle 4 - Role of the netting agreementArticle 5 - Valuation principle for early termination amountArticle 6 - Determination of the close-out amountArticle 7 - Valuation of cleared derivative contracts entered into between an institution under resolution and a CCPArticle 8 - Point in time for establishing the value of derivative liabilities and early determinationArticle 9 - Entry into force