Version in force , Modified +94 −56§
Amended by Regulation (EU) 2026/808 32026R0808 on EUR-Lex (external, EUR-Lex)
Explanation, written by a model and checked against the cited text
The provision now states that the Board's power is to instruct the national resolution authority to prohibit the entity from making the specified distributions, rather than the Board itself prohibiting them directly.
The cross-references to Directive 2013/36/EU and to this Regulation's Article 12a(2) were reformatted to place the point letters after the article and paragraph numbers, without changing which provisions are referenced.
Cited: Art. 10a, v2 (external, EUR-Lex) · Art. 10a, v1 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version, in force 10 November 2025 02014R0806-20251110 → this version, in force 11 June 2026 02014R0806-20260611
Article 10a
Power to prohibit certain distributions
1. Where an entity is in a situation where it meets the combined buffer requirement when considered in addition to each of the requirements referred to in Article 141a(1), points (a), (b) and (c) of Article 141a(1) (c), of Directive 2013/36/EU, but it fails to meet the combined buffer requirement when considered in addition to the requirements referred to in Articles 12d and 12e of this Regulation, Regulation when calculated in accordance with Article 12a(2), point (a) of Article 12a(2) (a), of this Regulation, the Board shall have the power, in accordance with paragraphs 2 and 3 of this Article, to instruct the national resolution authority to prohibit an entity from distributing more than the Maximum Distributable Amount related to the minimum requirement for own funds and eligible liabilities (M-MDA), calculated in accordance with paragraph 4 of this Article, through any of the following actions:
(a) make … 1,083 unchanged words … factor shall be 0,6;
The lower and upper bounds of each quartile of the combined buffer requirement shall be calculated as follows:
Lower bound of quartileCombined buffer requirement4Qn1
Upper bound of quartileCombined buffer requirement4Qn
where Qn = the ordinal number of the quartile concerned.