Precautionary recapitalisations under the Bank Recovery and Resolution Directive: conditionality and case practice

Briefing 05-07-2017

This briefing focusses on the possibility provided by the Bank Recovery and Resolution Directive (BRRD) to recapitalize a bank outside resolution. It explains the legal framework, in particular the conditionality attached to such precautionary recapitalisations, and reviews the few cases where the use of this instrument was discussed.