Regulation 34/2021 “On the criteria for setting the rate of conversion of liabilities to capital”

Type: Rules
Approved by: Supervisory Council
Number: 34
Date: 07.07.2021
Enter into force: 30.07.2021
on: 15.07.2021
Category: Resolution
Department: Resolution

The scope of this Regulation lays down the criteria for setting of the conversion rates of liabilities to capital, when exercising the write-down and conversion powers or while applying the bail-in tool.