Regulatory Technical Standards on contractual recognition of bail-in
- Status: Adopted and published in the Official Journal of the EU
These draft Regulatory Technical Standards (RTS) support the effective application of the write-down and conversion powers in relation to liabilities governed by the law of a third country. These RTS and are part of EBA's work to promote the effective application of recovery and resolution powers to banks and banking groups with a cross-border presence and to foster convergence of practices between relevant authorities and institutions across the EU.