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transfer powers

as defined in Directive 2014/59/EU of the European Parliament and of the Council of 15 May…, Article 2(1), point (63) (Definitions)

the powers specified in point (c) or (d) of Article 63(1) to transfer shares, other instruments of ownership, debt instruments, assets, rights or liabilities, or any combination of those items from an institution under resolution to a recipient;

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