Demands for unlimited liquidity for European banks in difficulty betray regulatory nervousness over the risk of a future Banco Popular-style bank run. That was the recurring theme of discussions at a ...

"Everybody has a plan until he gets punched in the mouth.” Jaime Ponce, president of Spain’s Executive Resolution Authority (FROB), may have been quoting former boxer Mike Tyson when he made this ...

In the European Union's financial regulatory framework, the Minimum Requirement for Own Funds and Eligible Liabilities (MREL) and the Bank Recovery and Resolution Directive (BRRD) are cornerstone ...

Following publication in the Official Journal of the EU on December 27, 2017, Directive (EU) 2017/2399 and Regulation (EU) 2017/2395, amending the Bank Recovery and Resolution Directive (“BRRD“) and ...

NEW YORK--(BUSINESS WIRE)--The International Swaps and Derivatives Association, Inc. (ISDA) has today announced the launch of a new Protocol to help market participants meet a European Union (EU) Bank ...

The Council today adopted a directive that amends the Bank Recovery and Resolution Directive or (BRRD) and the Single Resolution Mechanism Regulation or (SRMR) to include targeted proportionality ...

Each of the draft reports contains a Parliament legislative resolution on the proposed Regulation and Directive (as applicable), which suggests amendments to the European Commission’s original ...

Temporary state aid for struggling banks will need to become a normal feature of resolution toolboxes because the European Bank Recovery and Resolution Directive (BRRD) is not flexible enough, ...

The European Bank Recovery & Resolution Directive (BRRD) might appear to be that kind of legislative instrument best left to the dark Victorian desks of some large law firms, but, lo and behold, one ...