EBU Single Rulebook Q&A 23 October 2020 2020_5582 Interaction between 45f(3) and 45f(4) BRRD
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European Union · · · 18-03-2022
In case of a “daisy chain” structure involving three entities (resolution entity, intermediate entity which is subsidiary of the resolution entity and subsidiary of the intermediate entity) which are all in the same Member State, how and with respect to which paragraph of Article 45f ofDirective 2014/59/EU (BRRD) should resolution authorities and institutions proceed to assess waiver requests?
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