The European Banking Authority has updated its Q&A on the Single Rulebook to include four new questions and answers relating to the Bank Recovery and Resolution Directive:

Specifically, the new Q&A relate to:

  • limitation of a transfer to a certain period of time (ID: 2015_2358);
  • expenses in the context of Article 37(7) (ID: 2015_2356);
  • transfer of rights and liabilities within the asset separation tool (ID: 2015_2340); and
  • appointment of management body of a bridge institution (ID: 2015_2314).

View EBA Single Rulebook, 16 October 2015