Article 64 › 1

Member States shall ensure that, when exercising a resolution power, resolution authorities have the power to: (a) subject to Article 78, provide for a transfer to take effect free from any liability or encumbrance affecting the financial instruments, rights, assets or liabilities transferred; for that purpose, any right of compensation in accordance with this Directive shall not be considered to be a liability or an encumbrance; (b) remove rights to acquire further shares or other instruments of ownership; (c) require the relevant authority to discontinue or suspend the admission to trading on a regulated market or the official listing of financial instruments pursuant to Directive 2001/34/EC of the European Parliament and of the Council (33); (d) provide for the recipient to be treated as if it were the institution under resolution for the purposes of any rights or obligations of, or actions taken by, the institution under resolution, including, subject to Articles 38 and 40, any rights or obligations relating to participation in a market infrastructure; (e) require the institution under resolution or the recipient to provide the other with information and assistance; and (f) cancel or modify the terms of a contract to which the institution under resolution is a party or substitute a recipient as a party.

1 national measure recorded under this provision, in 1 form — sign in to view the analysis.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04