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Image header Agence Europe
Europe Daily Bulletin No. 11162
ECONOMY - FINANCE - BUSINESS / (ae) banks

Contributions to resolution funds

Brussels, 23/09/2014 (Agence Europe) - The mutual guarantee schemes (institutional protection schemes, IPS) used by certain German (Landensbanken) and Austrian banks will be taken into account to reduce the level of contribution of these banks to the bank resolution funds.

For the banks which are not considered small entities, the financial contributions to the resolution funds will include a base contribution linked to size-related risks. This basic contribution will be calculated on the...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU