resolution action

Defined in 2 EU acts of the Finance group: BRRD First IRRD Own wording

BRRD, Article 2(40) First adopted 2014-05-15

the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers

IRRD, Article 2(29) Own wording adopted 2024-11-27

~~the~~ a decision to place ~~an institution or~~ any entity as referred to in ~~point (b), (c) or (d) of~~ Article 1(1), points (a) to (e), under resolution pursuant to Article 32 19 or 33 20, the application of a resolution tool, or the exercise of one or more resolution powers

Compared with BRRD: ~~struck~~ words are only in BRRD, marked words only here.

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