Brussels, 06/01/2015 (Agence Europe) - In force since 1 January 2015, directive 2014/59, known as the 'BRRD', brings in harmonised rules at EU level, governing the restructuring and resolution of failing banks whilst allowing essential financial operations to continue (payments, deposit management) (see EUROPE 11061). Amongst other things, it obliges all banks with the competent national and/or European authority to develop a resolution plan ('living will'), detailing how the bank will be...