EBU Single Rulebook Q&A 30 September 2015 2015_2342 Private ownership of a bridge institution or an asset management tool

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European Union · · · 23-06-2017

We seek clarification on Articles 40(2) and 42(2) of Directive 2014/59/EU (BRRD). Can a bridge institution or an asset management tool be fully privately owned? According to Articles 40(2) and 42(2) of the BRRD, a bridge institution or asset management vehicle shall be “wholly or partially owned by one or more public authorities […]”.

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