Article 29 Assessment of feasibility: information

Resolution authorities shall consider at least the following issues in assessing whether there are potential impediments to resolution related to information:

  1. (1)

    matters addressed in paragraphs (h) to (l) of Schedule 2B to the Bank Recovery and Resolution (No 2) Order 2014;

  2. (2)

    the capability of the institution or group to provide information on the amount, and location within the group, of assets which would be expected to qualify as collateral for central bank facilities;

  3. (3)

    the capability of the institution or group to provide information to carry out a valuation to determine the amount of write-down or recapitalisation required.