Brussels, 29/11/2013 (Agence Europe) - On Friday 29 November, member states' experts examined the draft legislation to introduce a single bank resolution scheme (see EUROPE 10970).
In a new draft compromise, the Lithuanian Presidency gives national resolution authorities greater powers, granting them the authority to prepare resolution plans for the smaller banks that are not part of a bigger group and also for bank groups that are not monitored directly by the ECB under the single...