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21 June 2021

SRB publishes approach for notifying impracticability to include bail-in recognition clauses in contracts

The SRB has published today its policy on how banks can notify the authorities when bail-in recognition clauses cannot be added to contracts under third-country law. This explains how the SRB will apply, in practice, the rules set out in Article 55(2) BRRD and further detailed in the...

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