The President of the Single Resolution Board (SRB), Elke König, said on Tuesday 26 March that national bank deposit insurance schemes (DIS) should have the possibility to take “alternative measures” to the repayment of investors in order to support a failing bank.
“There is a need to define how far can you go with this alternative measures”, she said in front of a few journalists, not excluding further harmonisation of the European directive that governs the national DISs. She...