Art. 504a

in force 2023-06-28 INSERTED±0§

Amended by Regulation (EU) 2019/876 32019R0876

applies from: unknown

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in force 2020-12-28 INSERTED§

Amended by Regulation (EU) 2019/876 32019R0876

applies from: unknown

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in force 2019-06-27 INSERTED§

Amended by Regulation (EU) 2019/876 32019R0876

applies from: unknown (an inserted provision states its own application date only in prose)

This new provision requires EBA to report to the Commission by 28 June 2022 on the amounts and distribution of holdings of eligible liabilities instruments among institutions identified as G-SIIs or O-SIIs, and on potential impediments to resolution and the risk of contagion related to those holdings.

It further provides that, based on that report, the Commission shall by 28 June 2023 report to the European Parliament and to the Council on the appropriate treatment of such holdings, accompanied by a legislative proposal where appropriate.

Cited: Art. 504a, v2

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