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.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Wildgen
Briefings from Wildgen
Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 regards key information documents for packaged retail and insurance-based investment products.
How funds can qualify as an ELTIF under new European Commission rules.