Updated 27/07/2024
In force since 05/05/2001

Version from: 02/07/2014
There are currently no Level 2 legal acts based on or specifying the CIWUD.
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Credit Institutions Winding Up Directive (CIWUD)

Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions

Recitals
Article 9 - Opening of winding-up proceedings — Information to be communicated to other competent authoritiesArticle 10 - Law applicableArticle 11 - Consultation of competent authorities before voluntary winding upArticle 12 - Withdrawal of a credit institution's authorisationArticle 13 - Publication Article 14 - Provision of information to known creditorsArticle 15 - Honouring of obligationsArticle 16 - Right to lodge claimsArticle 17 - Languages Article 18 - Regular provision of information to creditors
Article 20 - Effects on certain contracts and rightsArticle 21 - Third parties' rights in reArticle 22 - Reservation of titleArticle 23 - Set-offArticle 24 - Lex rei sitaeArticle 25 - Netting agreements Article 26 - Repurchase agreementsArticle 27 - Regulated marketsArticle 28 - Proof of liquidators' appointmentArticle 29 - Registration in a public registerArticle 30 - Detrimental actsArticle 31 - Protection of third partiesArticle 32 - Lawsuits pendingArticle 33 - Professional secrecy