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Europe Daily Bulletin No. 12205

2 March 2019
ECONOMY - FINANCE - BUSINESS / Banks
European Banking Authority notes rules applicable to deposit guarantees in the event of a no-deal Brexit
Brussels, 01/03/2019 (Agence Europe)

On Friday 1st March, the European Banking Authority (EBA) reiterated the European rules that will apply in respect of guaranteeing bank deposits entrusted to branches of British banks established in the European Union in the event of the United Kingdom leaving Europe without an agreement having been reached with the EU. 

The objective of this opinion is to ensure that depositors are protected and fully aware of any potential changes to the guarantee arrangements that may affect them”,...

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The B-word: Agence Europe’s newsletter on Brexit
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