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The guidance sets out principles to assist authorities as they make bail-in resolution strategies operational. The principles cover:
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disclosures on the instruments and liabilities within the scope of bail-in;
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valuations to inform and support the application of bail-in;
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processes to suspend or cancel the listing of securities, to notify creditors, and to deliver new securities or tradeable certificates following entry into resolution;
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securities law and securities exchange requirements during the bail-in;
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processes for transferring governance and control rights to a new board and management for the firm emerging from resolution; and
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communications to creditors and the market at large.