EBU Single Rulebook Q&A 28 July 2015 2015_2181 Application of the NCWO principle
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European Union · · · 28-07-2015
Regarding to the no-creditor-worse-off principle as referred to in Article 34(1)(g) of Directive 2014/59/EU (BRRD) - does it apply to write down and conversion as well? Or only to the use of resolution tools?
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