EBU Single Rulebook Q&A 6 July 2015 2015_2109 Powers of the temporary administrator

Could you please clarify the interaction between Recital 39 and the last sentence of Article 29 (2) of Directive 2014/59/EU (BRRD)? Recital 39 of Directive 2014/59/EU (BRRD) states: ”During the recovery and early intervention phases laid down in this Directive, shareholders should retain full responsibility and control of the institution except when a temporary administrator has been appointed by