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resolution action

as defined in Directive 2014/59/EU of the European Parliament and of the Council of 15 May…, Article 2(1), point (40) (Definitions)

the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

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