5.3.6 Access to EPFS in insolvency?

Public funding only qualifies as EPFS insofar it is provided in order to preserve or restore the viability, liquidity or solvency of a bank or group entity of such a bank. Public funding granted to allow for the exit process to take place in an orderly manner so as to preserve financial stability does therefore not qualify as EPFS. This section discusses the access to public funding in situations in which a bank is wound up in normal insolvency proceedings, because resolution action is not necessary in the public interest, or because resolution involves part of the bank to be wound up in normal insolvency proceedings.