11.

For the purpose of paragraph 10, the Board, where applicable, shall instruct the national resolution authorities to take any of the following measures: to require the entity to revise any intragroup financing agreements or review the absence thereof, or draw up service agreements (whether intra-group or with third parties) to cover the provision of critical functions; to require the entity to limit its maximum individual and aggregate exposures; to impose specific or regular additional information requirements relevant for resolution purposes; to require the entity to divest specific assets; to require the entity to limit or cease specific existing or proposed activities; to restrict or prevent the development of new or existing business lines or sale of new or existing products; to require changes to legal or operational structures of the entity or any group entity, either directly or indirectly under their control, so as to reduce complexity in order to ensure that critical functions may be legally and operationally separated from other functions through the application of the resolution tools; to require an entity to set up a parent financial holding company in a Member State or a Union parent financial holding company; to require an entity to issue eligible liabilities to meet the requirements of Article 12; to require an entity to take other steps to meet the requirements referred to in Article 12, including in particular to attempt to renegotiate any eligible liability, Additional Tier 1 instrument or Tier 2 instrument it has issued, with a view to ensuring that any decision of the Board to write down or convert that liability or instrument would be effected under the law of the jurisdiction governing that liability or instrument. Where applicable, the national resolution authorities shall directly take the measures referred to in points (a) to (j) of the first subparagraph.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-28 · Text as adopted (Official Journal); later amendments are not incorporated in this text.