During the resolution planning stage, when deciding whether an entity should be earmarked for resolution, the fact that an entity is subject to simplified obligations should, in general, be used by the Board as an indicator that resolving it in the case of failure would not be in the public interest. Conversely, the fact that an entity is not subject to simplified obligations could indicate that resolving it in the case of failure would be in the public interest.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
