FSRA Regulations · Abu Dhabi Global Market

Bank Recovery and Resolution Regulations 2018

A reference record of Bank Recovery and Resolution Regulations 2018, drawn from the instrument's own official text. It sets out how the law is organised — its Parts, its section count and its length — and links to the text itself. It does not interpret the law or offer advice on it.

At a glance

CitationBank Recovery and Resolution Regulations 2018
Instrument typeFSRA Regulations
Enacted2018
JurisdictionAbu Dhabi Global Market
Parts7
Numbered sections82
Chapters6

How Bank Recovery and Resolution Regulations 2018 is organised

The 7 Parts below are the instrument's own divisions, in the order the official text sets them out.

PartHeading
Part 1General
Part 2The Regulator
Part 3Recovery And Resolution Planning
Part 4Early Intervention Actions
Part 5Resolution Matters
Part 6Resolution Tools And Resolution Safeguards
Part 7Miscellaneous

What Bank Recovery and Resolution Regulations 2018 covers, section by section

The 82 section headings below are the instrument's own, reproduced in its order. They are a map of the law, not a summary of it — for the wording of any article, read the official text.

  1. Definitions
  2. Application
  3. Functions and powers of the Regulator
  4. Guiding Principles
  5. Power Of The Regulator To Give Guidance
  6. Limitation Of Liability
  7. Individual Recovery Plans
  8. Group Recovery Plans
  9. Assessment Of Recovery Plans
  10. Individual Resolution Plans
  11. Group Resolution Plans
  12. Assessment Of Resolution Plans
  13. Assessment Of Resolvability For Institutions
  14. Assessment Of Resolvability For Groups
  15. Powers To Address Or Remove Impediments To Resolvability
  16. Minimum Requirements For Capital Resources And Eligible Liabilities
  17. Minimum Share Capital Requirements
  18. Early Intervention
  19. Temporary Administrator
  20. Resolution Objectives
  21. Resolution Conditions
  22. Circumstances In Which An Institution Is Deemed To Be Failing Or Likely To Fail
  23. Requirement For Notice
  24. General Resolution Principles
  25. Conditions For Application Of A Resolution Tool
  26. Ex-ante Judicial Approval
  27. Restrictions On Other Proceedings
  28. Creditor Hierarchy
  29. Assessment By The Regulator
  30. Manner Of Recovery By Regulator Of Expenses
  31. Liabilities Of Directors
  32. Special Management
  33. Regulator Or Special Manager Not To Be Treated As A Director Of An Institution
  34. Pre-resolution Valuation
  35. Provisional Valuation
  36. Definitive Valuation
  37. Consequences Of A Higher Valuation Being Produced By Definitive Valuation
  38. Technical Standards
  39. Eligibility Criteria For Independent Valuer
  40. Ancillary Powers Of An Independent Valuer
  41. Application Of The Sale Of Business Tool
  42. Rights Of The Institution In Resolution Under The Sale Of Business Tool
  43. Rights Of The Purchaser Under The Sale Of Business Tool
  44. Marketing Of Rights, Assets, Liabilities Or Shares
  45. Residual Institution To Be Wound Up
  46. Application Of Bail-in Tool
  47. Assessment Of Amount Of bail-in
  48. Treatment Of Shareholders In bail-in Or Write Down Or Conversion
  49. Sequence Of Write Down Or Conversion
  50. Derivatives
  51. Rate Of Conversion Of Debt To Equity
  52. Business Reorganisation Plan
  53. Ancillary Provisions Relating To Bail-in
  54. Contractual Recognition Of Bail-in
  55. General Resolution Powers
  56. Power To Require The Provision Of Services And Facilities
  57. Power To Suspend Certain Obligations
  58. Power To Restrict Enforcement Of Security Interests
  59. Power To Temporarily Suspend Termination Rights
  60. Default Event Provisions
  61. Write Down Or Conversion Power In Relation To Non-CET1 Capital Instruments
  62. Provisions Governing The Write Down Or Conversion Of Non-CET1 Capital Instruments
  63. Write Down Or Conversion Power In Relation To Eligible Liabilities
  64. Difference Of Treatment Valuation
  65. Safeguard For Shareholders And Creditors
  66. Procedural Requirements After Creation of A Resolution Order Or Share Transfer Order
  67. Safeguard For Counterparties In Partial Transfers
  68. Protection For Title Transfer Collateral Arrangements And Set-off And Netting Arrangements
  69. Protection For Security Arrangements
  70. Protection For Structured Finance Arrangements And Covered Bonds
  71. Protection Of Trading, Clearing And Settlement Systems
  72. Public Statement
  73. International And Governmental Obligations
  74. Recognition Of Foreign Resolution Actions
  75. Investigations
  76. Restrictions On Disclosure Of Confidential Information
  77. Co-operation With Resolution Authorities Of Another Jurisdiction
  78. General Contravention Provision
  79. False Or Misleading Information
  80. Amendments And Subordinate Legislation
  81. Power To Make Consequential Amendments Etc.
  82. Short Title, Extent And Commencement

Primary sources

Everything on this page comes from these two. Links go to the issuing legislator.

  • Bank Recovery and Resolution Regulations 2018 — official text (HTML) ADGM
  • ADGM Legislation Rulebook — the register this instrument is listed in ADGM

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