Resolution objectives
The resolution objectives set out in the applicable legislation are as follows:
- protecting public funds by minimizing the need for and the use of extraordinary public financial support of any form;
- ensuring the continuity of the performance of critical functions;
- preventing the escalation of adverse effects jeopardising the stability of the financial intermediary system, or eliminating such effects;
- protecting the deposits covered by the deposit insurance scheme, including the National Deposit Insurance Fund (OBA), and the investments covered by the investment protection scheme, including the Investor Protection Fund (Beva);
- protecting client funds and client assets; and
- maintaining the confidence of depositors and investors to preserve the stability of the financial intermediary system.