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AI Summary of Article 504 Capital instruments subscribed by public authorities in emergency situations

The Commission is mandated to deliver a report by 31 December 2016, following consultations with the European Banking Authority (EBA). This report should address the pertinence of Article 31's existing framework and propose any necessary amendments or deletions.

This directive underscores the dynamic nature of regulatory compliance and the importance of ongoing consultation with relevant regulatory bodies to ensure that legal provisions remain effective and appropriate within the evolving financial landscape.

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Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2014 - onwards
Version 4 of 4

Article 504 Capital instruments subscribed by public authorities in emergency situations

The Commission shall, by 31 December 2016, after consulting EBA, report to the European Parliament and the Council, together with any appropriate proposals, whether the treatment set out in Article 31 needs to be amended or deleted.

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