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Europe Daily Bulletin No. 12222
Contents Publication in full By article 27 / 41
ECONOMY - FINANCE / Banks

Elke König advocates harmonisation of alternative measures that a national deposit insurance scheme can take in event of bank failure

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...

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ECONOMY - FINANCE
BANKS: Elke König advocates harmonisation of alternative measures that a national deposit insurance scheme can take in event of bank failure
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