07/11/23 (Agence Europe) – On Tuesday 7 November, the European Parliament’s Committee on Economic and Monetary Affairs adopted its position on the legislative proposal revising the ‘BRRD’ Directive and the Regulation establishing the Single Resolution Mechanism (SRM) (see EUROPE B13164A7). This targeted revision, which must be adopted before the ‘Daisy chain’ regulation comes into force (2022/2036), aims to ensure a level playing field within the European banking industry by...