Article 75

Bank Recovery and Resolution Directive (BRRD) > TITLE IV > CHAPTER VII > Article 75
Article 75
Safeguard for shareholders and creditors
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Member States shall ensure that if the valuation carried out under Article 74 determines that any shareholder or creditor referred to in Article 73, or the deposit guarantee scheme in accordance with Article 109(1), has incurred greater losses than it would have incurred in a winding up under normal insolvency proceedings, it is entitled to the payment of the difference from the resolution financing arrangements.