Article 31 Assessment of feasibility: other potential impediments

The following legal issues shall be considered in assessing potential impediments to resolution:

  1. (1)

    whether requirements for regulatory approvals or authorisations necessary to deliver the resolution strategy can be met in a timely manner;

  2. (2)

    whether significant contractual documentation permits termination of contracts on entry into resolution;

  3. (3)

    whether contractual obligations which cannot be disapplied by the resolution authority prohibit any transfer of assets and/or liabilities envisaged in the resolution strategy.