Amending the bank resolution framework – BRRD and SRMR
In May 2019, the European Parliament and the Council adopted the proposals amending the EU legislative framework on bank resolution, consisting of the Banking Recovery and Resolution Directive, and the Single Resolution Mechanism Regulation. Resolution is the restructuring of a bank which is failing or likely to fail, aiming at safeguarding continuity of the bank's critical functions, preserving financial stability and minimising rescue costs to taxpayers. The adopted amendments incorporate into EU law the Total Loss-Absorbing Capacity standard, set at international level to improve large financial institutions' capacity to absorb losses and recapitalise in case they are placed in resolution. The new legislative texts were published in the Official Journal on 7 June 2019, and come fully into force on 28 December 2020.
Briefing
O dokumentu
Vrsta publikacije
Avtor
Ključna beseda
- bančna unija EU
- civilno pravo
- denarno poslovanje
- EVROPSKA UNIJA
- FINANCE
- finančna institucija
- finančna zakonodaja
- finančno tveganje
- kreditne in finančne institucije
- obvladovanje tveganja
- organizacija poslovanja
- plačilna sposobnost
- podjetje v težavah
- POSLOVANJE IN KONKURENCA
- poslovodenje
- PRAVO
- pravo Evropske unije
- priprava zakonodaje EU
- PROIZVODNJA, TEHNOLOGIJA IN RAZISKOVANJE
- prost pretok kapitala
- tehnični standard
- tehnologija in tehnični predpisi