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🔗 Back to Summary. 🇫🇷 French Version: 2023R1616_FR.7. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 6 – General criteria ⬅️ | ➡️ Article 8 – Sources of information
Article 7 - Valuation date
The valuation date shall be one of the following dates:
(a)
a reference date as determined by the valuer, or the resolution authority where conducting a provisional valuation pursuant to 2021, and set as close as possible before the expected date of a decision by the resolution authority to take resolution action in relation to the CCP in accordance with 2021 or to exercise the power to write down or convert instruments of ownership and debt instruments or other unsecured liabilities set out in Article 33 of that Regulation;
(b)
where a definitive valuation required by 2021 is conducted, the resolution decision date;
(c)
in relation to liabilities arising from contracts referred to in 2021, the date on which those contracts are terminated.