Effective from Jun 16 2021 - Jun 15 2021 To view other versions open the versions tab on the right
The competent authority may determine the method for executing new financing contracts concluded by the SIFI under resolution, including the execution of the following:
1.
The obligation to pay or deliver, or the obligation to receive or accept payment.
2.
Termination or expedition.
3.
Set-off or payment of agreed settlement.
4.
Identification of cases where sham or fraudulent transactions which precede the SIFI crisis are terminated.