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EBA final draft RTS on the contractual recognition of write-down and conversion powers under Article 55(3) of Directive 2014/59/EU (BRRD) (EBA/RTS/2015/06)These RTS on contractual recognition have been developed according to Article 55(3) of the BRRD and support the effective application of the write-down and conversion powers in relation to liabilities governed by the law of a third country. The RTS finalizes EBA/CP/2014/33 on draft RTS on the contractual recognition of write-down and conversion powers under Article 55(3) of the Bank Recovery and Resolution Directive (BRRD)
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