Prudential, Recovery & Resolution

European Commission proposes changes to the EU’s crisis management and deposit insurance framework

By Marie Kemplay
Back lit money bags with dollar symbol in vault
Image: Getty Images

Long-awaited proposals aim to establish resolution process for small and medium-sized banks.

On 18 April, the European Commission proposed several amendments to the Bank Recovery and Resolution Directive, Single Resolution Mechanism Regulation and the Deposit Guarantee Schemes Directive, with the aim of updating its overarching bank crisis management and deposit ...

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