Skip to content

BRRD Labyrinth Roadmap

With only 161 days until the creditor writedown portion of the BRRD comes into force, it is imperative that both banks and their creditors have complete understanding of the potential post- 1 January 2016 consequences. However, Article 55(3) BRRD is not a straight road leading to clarity; the long list of overlapping exceptions to bail in, form a complex puzzle that all market participants will be forced to solve. Help is at hand in the following flowchart, an Ariadne’s thread to guide you through the bail in labyrinth.

Liabilities Subject to Contractual Bail-In Under Article 55(3) of the BRRD

The information contained herein is for general information purposes only, and is not for publication elsewhere. It has been prepared solely for informational purposes and is prepared from generally available information believed to be reliable, but we do not guarantee the accuracy of the information, which should not be relied upon, and may be incomplete or condensed. Derivatives Risk Solutions LLP accepts no liability for any loss or damage occurring from the use of this information

Contact Us