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Europe Daily Bulletin No. 10288

7 January 2011
GENERAL NEWS / (eu) eu/banks
Future EU bank crisis system under discussion

Brussels, 06/01/2011 (Agence Europe) - The European Commission has launched a public consultation exercise that will run until Thursday 3 March over the EU's future crisis management system for the collapse of banks. Based on a report published in October 2010 (see EUROPE 10236), the consultation will feed into the Commission's preparations for draft legislation to be unveiled before the summer holidays. New EU rules are not expected until 2014. Issues to be discussed include the option of...

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