Consultation paper draft guidelines on the treatment of shareholders in bail-in or the write-down and conversion of capital instruments

These Guidelines are part of a series of EBA regulatory mandates under the BRRD which aim to ensure that the bail-in power is an effective way of absorbing losses and recapitalising banks in resolution, and that resolution authorities and other stakeholders have a clear understanding of the terms on which it should be applied. Together with the draft Guidelines on treatment of liabilities in bail-in, the draft Guidelines on treatment of shareholders first in bail-in and the draft Technical Standards on valuation in resolution, they aim to clarify how valuation information should inform the determination of the terms of bail-in.