bail-in tool
as defined in CRR, Article 4(1), point (137) (Definitions)
a bail-in tool as defined in point (57) of Article 2(1) of Directive 2014/59/EU;
Install the extension for EUR-Lex
Also defined in
- Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the… 32014L0059, Article 2(1), point (57)
the mechanism for effecting the exercise by a resolution authority of the write-down and conversion powers in relation to liabilities of an institution under resolution in accordance with Article 43;