[eu]cite

Home› Banking & Credit Institutions› SAG-EN

Part 4 · Resolution  ›  Division 2 · Transfer of Shares, Assets, Liabilities and Legal Relationships › Section 130

Financial position of the bridge institution

(1) Where the tool of transfer to a bridge institution is applied, the resolution authority ensures that the aggregate value of the liabilities transferred to the bridge institution does not exceed the aggregate value of the rights and assets transferred from the institution or group entity under resolution, or derived from other sources.
(2) The time the resolution order is issued is decisive for the assessment under subsection (1).

←→ also move between sections