Trilogue agreement on the framework for bank recovery and resolution
By Charles Krier and Michel Bulach
On 11 December, the European Parliament and EU member states agreed on the long-awaited Bank Recovery and Resolution Directive (RRD).
The RRD is considered as one of the major steps in developing Banking Union and the Single Resolution Mechanism. It is dedicated to prevent new costs for tax payers and to restore confidence in the European financial sector by ensuring that failing banks can be reorganised in a predictable and efficient way with minimum recourse to public money…
If you are registered and logged in to the site, click on the link below to read the rest of the Wildgen briefing. If not, please register or sign in with your details below.
News from Wildgen
Briefings from Wildgen
Wildgen has released its 28 October 2014 update on the Luxembourg double tax treaties network.
The Luxembourg District Court sitting in commercial matters has rejected the applications of ESI and RIO FORTE to be placed under controlled management.