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Europe Daily Bulletin No. 11416

23 October 2015
ECONOMY - FINANCE / (ae) banks
Banking resolution - Commission brings six countries before Court

Brussels, 22/10/2015 (Agence Europe) - Six member states - Luxembourg, the Netherlands, Poland, the Czech Republic, Romania and Sweden - must explain to the Court of Justice of the EU why they have not fully transposed the 'BRRD' directive (2014/59), which harmonises banking resolution procedures.

These countries will be obliged to pay a daily fine over the period from 1 January 2015 - the date on which the implementation of the rules began - until the day on which they have fully...

Contents

ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
EDUCATION
COUNCIL OF THE EUROPE
NEWS BRIEFS