Single Resolution Mechanism definition

Single Resolution Mechanism means the single resolution mechanism established pursuant to the SRM Regulation;
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Single Resolution Mechanism means the mechanism established by Regulation (EU) No 806/2014 creating uniform rules and a uniform procedure for the resolution of entities referred to in Article 2 of Regulation (EU) 806/2014 and supported by the Single Resolution Fund;
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Single Resolution Mechanism means Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July, 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010, as amended from time to time.
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Examples of Single Resolution Mechanism in a sentence

  • When deciding on the dispute, as well as on the granting of interim measures, the Court of Justice should take into account the obligations of the Contracting Parties under TEU and TFEU, including those relating to the Single Resolution Mechanism and its integrity.

  • Its two main pillars are the Single Supervisory Mechanism (“SSM”) and the Single Resolution Mechanism (“SRM”).

  • The EU Insolvency Regulation3 (the 1 Including the banking laws referred to in the Opinion and the Act on Investment Services 2 Regulation (EU) No 806/2014 on the Single Resolution Mechanism (the “SRM Regulation”).

  • Moreover, Regulation (EU) No 806/2014 establishing a Single Resolution Mechanism (“SRM”) and a Single Resolution Fund, as amended (the “SRM Regulation”) has established a centralised power of resolution entrusted to a Single Resolution Board (the “SRB”) in cooperation with the national resolution authorities, such as the CSSF.

  • Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (the "SRMR") established the Borrower and the SRF.

  • The 35 arrangements will also ensure equivalent treatment across all Member States participating in the Single Supervisory Mechanism (“SSM”) /Single Resolution Mechanism (“SRM”), including Member States joining at a later stage, in terms of rights and obligations and both in transition period and once a common backstop has become fully operational.

  • The EU has also created a Single Supervisory Mechanism for the euro-zone, under which the regulation of all banks in that zone will be under the auspices of the European Central Bank, together with a Single Resolution Mechanism and Single Resolution Board, having jurisdiction over bank resolution in the zone.

  • The Steep Road to European Banking Union: Constructing the Single Resolution Mechanism.

  • In May 2019, the European Council announced significant amendments to the Capital Requirements Regulation and Directive, the Bank Recovery and Resolution Directive and the Single Resolution Mechanism Regulation.

  • What was the name given to the set of the rules Single Resolution Mechanism (SRM) Single Supervisory Mechanism (SSM) Mechanism for the banking norms European banking standards ANSWERS: CURRENT AFFAIRS MCQS B B C D A D A C D A Asian Bowling Federation 2014 was held on 19 April 2014.

Related to Single Resolution Mechanism

  • Alternative dispute resolution means mediation, arbitration, conciliation, or other nonjudicial procedure that involves a neutral party in the decisionmaking process. The form of alternative dispute resolution chosen pursuant to this article may be binding or nonbinding, with the voluntary consent of the parties.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 18;

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • Dispute Resolution means the procedure set forth in this LGIP for resolution of a dispute between the Parties.

  • Arrangement Resolution means the special resolution approving the Plan of Arrangement to be considered at the Company Meeting, substantially in the form of Schedule B.

  • Resettlement Action Plan or “RAP”, means a plan approved by the Association, to be prepared in accordance with the provisions of the RPF, setting forth principles and procedures governing land acquisition or other associated Project impacts, resettlement and compensation of Affected Persons, as well as reporting and monitoring arrangements to ensure compliance with the said plan, as the same may be amended from time to time with the agreement of the Association, and “Resettlement Action Plans” or “RAPs” shall mean such Resettlement Action Plans, collectively.

  • Borrowing Resolutions are, with respect to any Person, those resolutions substantially in the form attached hereto as Exhibit D.

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • Informal resolution means options for resolving a formal complaint that do not involve a full investigation and adjudication. Informal resolution may encompass a broad range of conflict resolution strategies, including mediation or restorative justice.

  • Aversive procedure means a systematic physical or sensory intervention program for modifying the behavior of a student with a disability which causes or reasonably may be expected to cause one or more of the following: