15/02/2019 (Agence Europe) – Without debate, the Member States' ambassadors to the EU (Coreper) approved, on Friday 15 February, the interinstitutional agreement on four legislative texts aimed at reducing financial risks in the banking system(see EUROPE 12152). Future prudential rules incorporate the international TLAC standard into EU law and modify the rules on the hierarchy of creditors mobilised in the event of bank failure. The major banking groups will thus have to hold more MREL...