Write-Down And Conversion Powers definition: Copy, customize, and use instantly
Introduction
The term "Write-Down And Conversion Powers" refers to the statutory authority granted to financial regulators or resolution authorities to manage financial institutions during distress. These powers are designed to preserve financial stability by enabling regulators to reduce, write down, or convert certain liabilities of a financial institution into equity or other forms, ensuring continuity and minimizing systemic risks.
Below are various examples of how "Write-Down And Conversion Powers" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Write-Down And Conversion Powers" as applicable in regulatory contexts
This definition ties "Write-Down And Conversion Powers" to regulatory authorities' ability to manage financial institutions.
"Write-Down And Conversion Powers" means the powers of a relevant authority to reduce, write down, or convert all, or a portion of, the liabilities of a financial institution into equity or other instruments, as authorized under applicable laws or regulations.
Definition of "Write-Down And Conversion Powers" as related to financial stability measures
This definition connects "Write-Down And Conversion Powers" to mechanisms for ensuring financial stability.
"Write-Down And Conversion Powers" refers to the authority granted to regulators to take measures such as reducing the principal of debt or converting liabilities into equity to prevent the insolvency of a financial institution.
Definition of "Write-Down And Conversion Powers" as specified in contractual obligations
This definition links "Write-Down And Conversion Powers" to their impact on contractual obligations.
"Write-Down And Conversion Powers" means the statutory powers conferred on a resolution authority to modify or extinguish contractual obligations of a financial institution, including the conversion of such obligations into shares or other instruments.
Definition of "Write-Down And Conversion Powers" as pertaining to cross-border applications
This definition applies "Write-Down And Conversion Powers" to international regulatory frameworks.
"Write-Down And Conversion Powers" refers to the ability of regulatory authorities to enforce measures, including the reduction or conversion of liabilities, across jurisdictions, in accordance with applicable cross-border resolution agreements.
Definition of "Write-Down And Conversion Powers" as described in European Union directives
This definition ties "Write-Down And Conversion Powers" to the European regulatory framework.
"Write-Down And Conversion Powers" means the authority granted under EU directives to reduce or convert financial liabilities into equity to ensure the stability of the banking sector.
Definition of "Write-Down And Conversion Powers" as related to bank resolution planning
This definition connects "Write-Down And Conversion Powers" to pre-emptive planning in resolution strategies.
"Write-Down And Conversion Powers" refers to the tools used by resolution authorities to manage and restructure liabilities during a bank resolution process.
Definition of "Write-Down And Conversion Powers" as a crisis management tool
This definition ties "Write-Down And Conversion Powers" to their role in addressing financial crises.
"Write-Down And Conversion Powers" means the powers utilized by regulators to mitigate systemic risks by modifying or converting financial obligations.
Definition of "Write-Down And Conversion Powers" as outlined in international banking standards
This definition connects "Write-Down And Conversion Powers" to global banking practices.
"Write-Down And Conversion Powers" refers to the internationally recognized authority of regulators to restructure or convert liabilities to uphold financial stability.
Definition of "Write-Down And Conversion Powers" as relevant to debt instruments
This definition links "Write-Down And Conversion Powers" to specific financial instruments.
"Write-Down And Conversion Powers" means the statutory ability to adjust or convert debt instruments into equity or other forms to stabilize financial institutions.
Definition of "Write-Down And Conversion Powers" as applicable to shareholder equity
This definition applies "Write-Down And Conversion Powers" to their impact on equity holders.
"Write-Down And Conversion Powers" refers to the capacity of regulatory authorities to alter equity structures to ensure compliance with resolution objectives.
Definition of "Write-Down And Conversion Powers" as part of a bail-in strategy
This definition ties "Write-Down And Conversion Powers" to bail-in mechanisms.
"Write-Down And Conversion Powers" means the ability of resolution authorities to execute a bail-in by reducing or converting liabilities into equity to avoid taxpayer-funded bailouts.
Definition of "Write-Down And Conversion Powers" as part of contractual terms
This definition links "Write-Down And Conversion Powers" to their inclusion in financial contracts.
"Write-Down And Conversion Powers" refers to the contractual provisions that enable authorities to exercise write-down or conversion actions during resolution.
Definition of "Write-Down And Conversion Powers" as part of loss-absorbing capacity requirements
This definition ties "Write-Down And Conversion Powers" to regulatory capital requirements.
"Write-Down And Conversion Powers" means the mechanism ensuring financial institutions maintain loss-absorbing capacity through liability modifications or conversions.
Definition of "Write-Down And Conversion Powers" as relevant to creditor hierarchy
This definition applies "Write-Down And Conversion Powers" to their effect on creditor claims.
"Write-Down And Conversion Powers" refers to the authority of resolution bodies to alter the priority of creditor claims during resolution proceedings.
Definition of "Write-Down And Conversion Powers" as part of stress testing frameworks
This definition connects "Write-Down And Conversion Powers" to financial stress testing.
"Write-Down And Conversion Powers" means the inclusion of statutory tools for liability adjustment in stress test scenarios to assess institutional resilience.
Definition of "Write-Down And Conversion Powers" as addressed in systemic risk mitigation
This definition ties "Write-Down And Conversion Powers" to risk management.
"Write-Down And Conversion Powers" refers to the powers aimed at reducing systemic risk by adjusting financial liabilities in troubled institutions.
Definition of "Write-Down And Conversion Powers" as a safeguard against default
This definition links "Write-Down And Conversion Powers" to default prevention.
"Write-Down And Conversion Powers" means the statutory tools that prevent default by restructuring liabilities into sustainable financial arrangements.
Definition of "Write-Down And Conversion Powers" as part of national legislation
This definition connects "Write-Down And Conversion Powers" to domestic regulatory frameworks.
"Write-Down And Conversion Powers" refers to the authority established under national laws to restructure liabilities in financial institutions.
Definition of "Write-Down And Conversion Powers" as applied to hybrid financial instruments
This definition ties "Write-Down And Conversion Powers" to hybrid instruments.
"Write-Down And Conversion Powers" means the ability of authorities to modify hybrid financial instruments into equity as part of stabilization efforts.
Definition of "Write-Down And Conversion Powers" as pertaining to market stability initiatives
This definition links "Write-Down And Conversion Powers" to market-wide interventions.
"Write-Down And Conversion Powers" refers to the regulatory capacity to enforce liability adjustments to ensure overall market stability.
Definition of "Write-Down And Conversion Powers" as relevant to public confidence
This definition connects "Write-Down And Conversion Powers" to maintaining trust in the financial system.
"Write-Down And Conversion Powers" means the statutory authority to take necessary actions to safeguard public confidence in financial institutions.
Definition of "Write-Down And Conversion Powers" as part of liquidity management
This definition ties "Write-Down And Conversion Powers" to ensuring liquidity.
"Write-Down And Conversion Powers" refers to the tools employed by resolution authorities to convert liabilities into equity, thereby enhancing liquidity in distressed institutions.
Definition of "Write-Down And Conversion Powers" as a resolution framework component
This definition links "Write-Down And Conversion Powers" to broader resolution frameworks.
"Write-Down And Conversion Powers" means the role of statutory tools within a resolution framework to manage liabilities effectively during crises.
Definition of "Write-Down And Conversion Powers" as outlined in financial contingency plans
This definition connects "Write-Down And Conversion Powers" to contingency planning.
"Write-Down And Conversion Powers" refers to the pre-emptive measures outlined in financial contingency plans to convert or reduce liabilities.
Definition of "Write-Down And Conversion Powers" as applied to derivatives contracts
This definition ties "Write-Down And Conversion Powers" to derivatives.
"Write-Down And Conversion Powers" means the authority to restructure or convert obligations arising from derivatives contracts to stabilize financial systems.
Definition of "Write-Down And Conversion Powers" as part of recovery and resolution plans
This definition links "Write-Down And Conversion Powers" to planning for recovery.
"Write-Down And Conversion Powers" refers to the instruments integrated into recovery and resolution plans to ensure smooth restructuring of liabilities.
Definition of "Write-Down And Conversion Powers" as relevant to subordinated debt
This definition connects "Write-Down And Conversion Powers" to subordinated debt restructuring.
"Write-Down And Conversion Powers" means the statutory powers to prioritize or convert subordinated debt during a resolution.
Definition of "Write-Down And Conversion Powers" as employed in restructuring distressed institutions
This definition ties "Write-Down And Conversion Powers" to institutional restructuring.
"Write-Down And Conversion Powers" refers to the tools employed by regulators to restructure liabilities of distressed institutions to ensure long-term viability.
Definition of "Write-Down And Conversion Powers" as applied to global resolution strategies
This definition links "Write-Down And Conversion Powers" to international resolution strategies.
"Write-Down And Conversion Powers" refers to the globally recognized authority to implement liability adjustments under coordinated resolution plans.
Definition of "Write-Down And Conversion Powers" as relevant to non-bank financial institutions
This definition applies "Write-Down And Conversion Powers" to non-bank entities.
"Write-Down And Conversion Powers" means the statutory tools available to restructure liabilities of non-bank financial institutions in alignment with resolution policies.
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