Article 7 | Delegated Regulation 2021/2155 | judict

Updated 22/12/2024

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IFD Tool Delegated Regulation 2021/2155

Article 7

Article 7 - Entry into force

Article 7

Entry into force

This Regulation shall enter into force on the fifth day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 13 August 2021.

For the Commission

The President

Ursula VON DER LEYEN

Table of contents

Recitals Article 1 - Classes of instruments that adequately reflect the credit quality of an investment firm as a going concern and are appropriate to be used for the purposes of variable remuneration Article 2 - Conditions for classes of Additional Tier 1 instruments Article 3 - Conditions for classes of Tier 2 instruments Article 4 - Conditions for classes of Other Instruments Article 5 - Write-down, write-up and conversion procedures Article 6 - Alternative arrangements Article 7 - Entry into force