Regulation no.57 "On the operationalisation of the bail-in tool and exceptional cases"

Type: Rules
Approved by: Supervisory Council
Number: 57
Date: 07.10.2020
Enter into force: 29.10.2020
Published in: Official Journal
on: 14.10.2020
Category: Resolution
Department: Resolution

This Regulation lays down the conditions, conditions that the Bank of Albania shall take into consideration when exercising the power of write-down and conversion of liabilities and bail-in tool, as well as exceptional cases from exercising this power.