Details
- Status
- Closed
- Opening date
- Deadline
Target audience
Interested stakeholders.
Why we are consulting
These RTS establish standardized terms for financial contracts that would allow the resolution authority to exercise its stay powers (i.e. powers to suspend or restrict rights and obligations) over contracts governed by third-country law. The consistent recognition of such powers supports the cross-border enforceability of the resolution authority’s actions.
Respond to the consultation
The response period for this consultation has ended. Thank you for your input.
Reference documents
Consultation paper on on the proposal for Regulatory Technical Standards on contractual recognition of resolution stay powers