Bail in english

What is a ‘bail-in’ clause? The inclusion of ‘bail-in’ clauses in certain contracts, such as loan agreements or the issuance of bonds are the result of requirements set out in Article 55 of the EU Bank Recovery and Resolution Directive (BRRD). The BRRD is an EU directive that was conceived following the 2008 financial crisis with the aim of establishing a common framework for the European Economic Area (EEA) states (i.e. any EU member state plus Iceland, Liechtenstein and Norway) to employ in resolving distressed financial institutions and ensuring co-operation between EEA states in managing those situations when they involved cross-border financial institutions. Provisions within the BRRD include the grant of recovery and resolution powers to EEA regulators to ‘bail-in’ certain liabilities of any failing EEA financial institutions by instigating actions such as write-downs or conversions into equity of the failing financial institutions liabilities. These rights are automatically effective in respect of liabilities in contracts that are governed by the law of an EEA country. Article 55 extends these powers by specifically requiring that any EEA financial institution with liabilities under a contract governed by the law of a non-EEA state must include in that contract a clause that contractually recognises the powers of the EEA regulators pursuant to Article 55 – known as a ‘bail-in’ clause. In response to this requirement certain market associations, in particular the UK ...

The EU Bank Resolution and Recovery Directive (“BRRD”) gives powers to EEA regulators to write down or convert into equity a failing institution’s liabilities. This power is effective in respect of liabilities under a document governed by EEA law, but is less certain in respect of contracts governed by so-called “third-country” law. Article 55 of the BRRD supports the regulator’s bail-in powers in relation to liabilities under non-EEA law governed contracts by requiring in-scope financial institutions to include in such contracts a term recognising the regulator’s write-down and conversion powers (a “bail-in clause”). “Liabilities” is a broad concept in this context. The obligations of an in-scope financial institution under loan and other finance documentation (for example, to advance funds, to meet indemnities, to turn over or share recoveries) bring the contract within Article 55. Bail-in clauses have therefore been developed by trade associations including the LMA, ICMA and ISDA for the purposes of compliance with Article 55. Brexit From the end of the Brexit implementation period (the “IP End Date”), the UK will be a “third country” for the purposes of the BRRD. The UK’s Special Resolution Regime will be distinct from the regime applicable in the EEA, and will contain its own standalone requirements for a UK bail-in clause. Contracts governed by the laws of neither the UK nor the EEA (for example, the laws of New York), to which both UK and EEA-regulated financial ins...

J'ai 2 ans impliqués dans le crédit-bail immobilier commercial. I have 2 years involved in leasing commercial real estate. Le secrétaire parlementaire a étudié à fond les mesures pour le crédit-bail. The parliamentary secretary has studied the leasing measures in depth. Économisez en négociant la maintenance à même le crédit-bail. Save money by negotiating maintenance into the lease. Un crédit-bail est une entente non résiliable. A lease is an agreement that cannot be cancelled. Une approche tout aussi souple devrait s'appliquer au crédit-bail. A similarly flexible approach should also apply to financial leasing. | Les banques à vocation multiple peuvent effectuer des opérations de crédit-bail. | Multiple banking institutions may carry out financial leasing activities. With Reverso you can find the French translation, definition or synonym for crédit-bail and thousands of other words. You can complete the translation of crédit-bail given by the French-English Collins dictionary with other dictionaries such as: Wikipedia, Lexilogos, Larousse dictionary, Le Robert, Oxford, Grévisse

La Commission considère que le régime modifié par la loi no 9/1996 constitue une aide d'État au sens de l'article 87, paragraphe 1, pour les raisons suivantes: a) les entreprises bénéficiaires sont exonérées d'une charge financière qu'elles devraient normalement payer (taux d'intérêt préférentiels et facilités [...] c) l'aide est sélective du fait qu'elle reste réservée à des entreprises du secteur de la navigation; et d) la mesure affecte les échanges entre États membres du fait que le régime modifié concerne les entreprises de navigation souhaitant acquérir, construire et transformer des navires destinés au transport de marchandises et de passagers au départ et à destination de la Sardaigne et d'autres îles sardes. (c) the aid is selective (being reserved to companies operating in the shipping sector; and (d) the aid affects trade between Member States because the amended scheme concerns shipping companies aiming to buy, build and convert ships used for goods and passenger transport services with Sardinia and other Sardinian islands as their departure and destination points.

Definition and Example of a Bail-In Most people are familiar with the concept of a bail-out following the global economic crisis, when many governments were forced to rescue private institutions. But there's another term, called a "bail-in," that can be used as an alternative to a bail-out, which has become increasingly unpopular. Unlike bail-outs, which transfer risk from the bank to the taxpayer, bail-ins eliminate some of the risk for taxpayers by forcing the bank's creditors to share in the burden. They're especially useful when the debt is overwhelming in proportion to the government's ability to cover it, as was the case in Cyprus—the bill would have been 50% of that country's gross domestic product (GDP). While both bail-ins and bail-outs are designed to keep the borrowing institution afloat, they take two very different approaches to accomplishing this goal. Bail-outs are designed to keep creditors happy and interest rates low, while bail-ins are ideal in situations where bail-outs are politically difficult or impossible, and creditors aren't keen on the idea of a liquidation event. An Alternative to Bail-Outs Most regulators had thought that there were only two options for troubled institutions in 2008: taxpayer bail-outs or a systemic collapse of the banking system. Bail-ins soon became an attractive third option to recapitalize troubled institutions from within, by having creditors agree to roll their short-term claims over or engage in a restructuring. The resu...

bail 1 /beɪl/ USA pronunciation n. [ ] • Lawmoney given to a court of law to guarantee that a person released from jail will return at an appointed time. • Lawthe state of release after paying bail. v. • Law bail out: • to pay the bail for: [~ +object +out ] Her father bailed her out.[ ~ +out +obj]: We bailed out the protesters. • to help (someone) to get out of a difficult situation: [ ~ +obj +out]: I bailed her out with some money.[ ~ +out +obj]: I bailed out the child by explaining why he was late. Idioms • Idioms, Law jump bail, to run away while free on bail. bail 3 /beɪl/ USA pronunciation v. • [ ~ +obj] to remove (water) from a boat, as with a bucket: They bailed gallons of water from the boat. • bail out, • to make a parachute jump from an airplane: [ no obj]: The pilot told his crew to bail out.[ ~ +out +of +obj]: They bailed out of the fiery jet. n. [ ] • a container, such as a dipper, used for bailing. bail 1 (bāl), USA pronunciation [Law. ] n. • property or money given as surety that a person released from custody will return at an appointed time. • the person who agrees to be liable if someone released from custody does not return at an appointed time. • the state of release upon being bailed. • goor stand bail for, to provide bail for: They spent the night in jail because no one would stand bail for them. • jump bail, to abscond while free on bail: The suspect jumped bail and is now being sought. • on bail, released or free as a result of having posted bond: ...

VineDefinition & Meaning in English • (n.) Any woody climbing plant which bears grapes. • (n.) Hence, a climbing or trailing plant; the long, slender stem of any plant that trails on the ground, or climbs by winding round a fixed object, or by seizing anything with its tendrils, or claspers; a creeper; as, the hop vine; the bean vine; the vines of melons, squashes, pumpkins, and other cucurbitaceous plants. Angore Ki Bail in English Angore Ki Bail is a roman term that finds extensive usage in various sentences and different contexts. In English, the angore ki bail is referred to as "Vine" and it is driven by the English language. This page provides a comprehensive description of angore ki bail meaning in English and Urdu both, making it an excellent resource for anyone looking to learn more about the term. However, finding the exact meaning of any word online can be a little tricky, especially since each word may have more than one meaning. Nevertheless, the definition of angore ki bail stated above is reliable and authentic, making it a valuable resource for those who seek to learn more about the term. Moreover, this page offers angore ki bail word synonyms, which can help further enhance the understanding of the term. In addition to angore ki bail, this online dictionary offers the meaning of other roman words in English as well, making it a versatile resource for anyone looking to broaden their understanding of the Roman to English language. Therefore, whether you are a...