the recognition or support of the exercise of the write-down and conversion powers by the resolution authority would result in third country creditors, in particular depositors located and payable in that third country, being treated less favourably than creditors, and depositors located or payable in the Union, with similar rights under applicable Union law;
la reconnaissance ou le soutien de l'exercice, par l'autorité de résolution, des pouvoirs de dépréciation et de conversion aurait des effets contraires à l'ordre public du pays tiers concerné.