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🔗 Back to Summary. 🇫🇷 French Version: 2021R0023_FR.34. Open the PDF. Direct link to EUR-LEX.
Article 33 – Provisions governing the write-down or conversion of instruments of ownership and debt instruments or other unsecured liabilities ⬅️ | ➡️ Article 35 – Removal of procedural obstacles for write-down and conversion
Article 34 - Effect of write-down and conversion
The resolution authority shall complete or require the completion of all the administrative and procedural tasks necessary to give effect to the application of the write-down and conversion tool, including:
(a)
the amendment of all relevant registers;
(b)
the delisting or removal from trading of instruments of ownership or debt instruments;
(c)
the listing or admission to trading of new instruments of ownership; and
(d)
the relisting or readmission of any debt instruments which have been written down, without the requirement for the issuing of a prospectus in accordance with Regulation (EU) 2017/1129 of the European Parliament and of the Council
.