EBU Single Rulebook Q&A 29 June 2015 2015_2069 Clarification to Recital 41
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European Union · · · 24-07-2015
Do you agree that the word “not” is missing in Recital 41 and should be corrected? (“Resolution should be initiated when a competent authority, after consulting a resolution authority, determines that an institution is failing or likely to fail and alternative measures as specified in this Directive would not prevent such failure within a reasonable timeframe.
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