EBU Single Rulebook Q&A 29 September 2015 2015_2333 Reimbursement of resolution expenses via sale of the asset management vehicle

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European Union · · · 21-01-2022

Is it possible to implement a power in national legislation to pay the resolution expenses out of the proceeds of the sale of the asset management vehicle? Article 37 (7) (c) of Directive 2014/59/EU (BRRD) permits to recover resolution expenses from the sale of the asset management vehicle (AMV) ”as a preferred creditor”.

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