Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (revoked)

EU Regulation No 806/2014 · Adopted 15 July 2014 · Extends to United Kingdom

Contents

1. Part I: GENERAL PROVISIONS Repealed
2. 1Subject matter Repealed
3. 2Scope Repealed
4. 3Definitions Repealed
5. 4Participating Member States Repealed
6. 5Relation to Directive 2014/59/EU and applicable national law Repealed
7. 6General principles Repealed
8. 7Division of tasks within the SRM Repealed
9. Part II: SPECIFIC PROVISIONS Repealed
10. Title I: FUNCTIONS WITHIN THE SRM AND PROCEDURAL RULES Repealed
11. Chapter 1: Resolution planning Repealed
12. 8Resolution plans drawn up by the Board Repealed
13. 9Resolution plans drawn up by national resolution authorities Repealed
14. 10Assessment of resolvability Repealed
15. 10aPower to prohibit certain distributions Repealed
16. 11Simplified obligations for certain institutions Repealed
17. 12Minimum requirement for own funds and eligible liabilities Repealed
18. 12aApplication and calculation of the minimum requirement for own funds and eligible liabilities Repealed
19. 12bExemption from the minimum requirement for own funds and eligible liabilities Repealed
20. 12cEligible liabilities for resolution entities Repealed
21. 12dDetermination of the minimum requirement for own funds and eligible liabilities Repealed
22. 12eDetermination of the minimum requirement for own funds and eligible liabilities for resolution entities of G-SIIs and Union material subsidiaries of non-EU G-SIIs Repealed
23. 12fApplication of the minimum requirement for own funds and eligible liabilities to resolution entities Repealed
24. 12gApplication of the minimum requirement for own funds and eligible liabilities to entities that are not themselves resolution entities Repealed
25. 12hWaiver of the minimum requirement for own funds and eligible liabilities applied to entities that are not themselves resolution entities Repealed
26. 12iWaiver for a central body and credit institutions permanently affiliated to a central body Repealed
27. 12jBreaches of the minimum requirement for own funds and eligible liabilities Repealed
28. 12kTransitional and post-resolution arrangements Repealed
29. Chapter 2: Early intervention Repealed
30. 13Early intervention Repealed
31. Chapter 3: Resolution Repealed
32. 14Resolution objectives Repealed
33. 15General principles governing resolution Repealed
34. 16Resolution of financial institutions and parent undertakings Repealed
35. 17Order of priority of claims Repealed
36. 18Resolution procedure Repealed
37. 19State aid and Fund aid Repealed
38. 20Valuation for the purposes of resolution Repealed
39. 21Write-down or conversion of capital instruments and eligible liabilities Repealed
40. 22General principles of resolution tools Repealed
41. 23Resolution Scheme Repealed
42. 24Sale of business tool Repealed
43. 25Bridge institution tool Repealed
44. 26Asset separation tool Repealed
45. 27Bail-in tool Repealed
46. 28Monitoring by the Board Repealed
47. 29Implementation of decisions under this Regulation Repealed
48. Chapter 4: Cooperation Repealed
49. 30Obligation to cooperate and information exchange within the SRM Repealed
50. 31Cooperation within the SRM Repealed
51. 32Consultation of, and cooperation with, non-participating Member States and third countries Repealed
52. 33Recognition and enforcement of third-country resolution proceedings Repealed
53. Chapter 5: Investigatory powers Repealed
54. 34Requests for information Repealed
55. 35General investigations Repealed
56. 36On-site inspections Repealed
57. 37Authorisation by a judicial authority Repealed
58. Chapter 6: Penalties Repealed
59. 38Fines Repealed
60. 39Periodic penalty payments Repealed
61. 40Hearing of the persons subject to the proceedings Repealed
62. 41Disclosure, nature, enforcement and allocation of fines and periodic penalty payments Repealed
63. Part III: INSTITUTIONAL FRAMEWORK Repealed
64. Title I: THE BOARD Repealed
65. 42Legal status Repealed
66. 43Composition Repealed
67. 44Compliance with Union law Repealed
68. 45Accountability Repealed
69. 46National parliaments Repealed
70. 47Independence Repealed
71. 48Seat Repealed
72. Title II: PLENARY SESSION OF THE BOARD Repealed
73. 49Participation in plenary sessions Repealed
74. 50Tasks Repealed
75. 51Meeting of the plenary session of the Board Repealed
76. 52General provisions on the decision-making process Repealed
77. Title III: EXECUTIVE SESSION OF THE BOARD Repealed
78. 53Participation in the executive sessions Repealed
79. 54Tasks Repealed
80. 55Decision-making Repealed
81. Title IV: CHAIR Repealed
82. 56Appointment and tasks Repealed
83. Title V: FINANCIAL PROVISIONS Repealed
84. Chapter 1: General provisions Repealed
85. 57Resources Repealed
86. 58Budget Repealed
87. 59Part I of the budget on the administration of the Board Repealed
88. 60Part II of the budget on the Fund Repealed
89. 61Establishment and implementation of the budget Repealed
90. 62Internal audit and control Repealed
91. 63Implementation of the budget, presentation of accounts and discharge Repealed
92. 64Financial rules Repealed
93. 65Contributions to the administrative expenditures of the Board Repealed
94. 66Anti-fraud measures Repealed
95. Chapter 2: The Single Resolution Fund Repealed
96. Constitution of the Fund Repealed
97. 67General provisions Repealed
98. 68Requirement to establish resolution financing arrangements Repealed
99. 69Target level Repealed
100. 70Ex-ante contributions Repealed
101. 71Extraordinary ex-post contributions Repealed
102. 72Voluntary borrowing between resolution financing arrangements Repealed
103. 73Alternative funding means Repealed
104. 74Access to financial facility Repealed
105. Administration of the Fund Repealed
106. 75Investments Repealed
107. Use of the Fund Repealed
108. 76Mission of the Fund Repealed
109. 77Use of the Fund Repealed
110. 78Mutualisation of national financing arrangements in the case of group resolution involving institutions in non-participating Member States Repealed
111. 79Use of deposit guarantee schemes in the context of resolution Repealed
112. Title VI: OTHER PROVISIONS Repealed
113. 80Privileges and Immunities Repealed
114. 81Language arrangements Repealed
115. 82Staff Repealed
116. 83Staff exchange Repealed
117. 84Internal committees Repealed
118. 85Appeal Panel Repealed
119. 86Actions before the Court of Justice Repealed
120. 87Liability of the Board Repealed
121. 88Professional secrecy and exchange of information Repealed
122. 89Data protection Repealed
123. 90Access to documents Repealed
124. 91Security rules on the protection of classified and sensitive non-classified information Repealed
125. 92Court of Auditors Repealed
126. Part IV: POWERS OF EXECUTION AND FINAL PROVISIONS Repealed
127. 93Exercise of the delegation Repealed
128. 94Review Repealed
129. 95Amendment to Regulation (EU) No 1093/2010 Repealed
130. 96Replacement of national resolution financing arrangements Repealed
131. 97Headquarters Agreement and operating conditions Repealed
132. 98Start of the Board's activities Repealed
133. 99Entry into force Repealed
134. Signature