An entity should be considered to be failing or likely to fail where it infringes o
r is likely, in the near future, to infringe the requirements for continuing authorisation, where the assets of the entity are, or are likely in the near
future to be, less than its liabilities, where the entity is, or is likely in the near
future to be, unable to pay its debts as they fall due, or where the entity requires extraordinary public financial support except in the particular circumstances laid down i
...[+++]n this Regulation.