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Europe Daily Bulletin No. 12237

17 April 2019
Contents Publication in full By article 18 / 38
EUROPEAN PARLIAMENT PLENARY / Banks
European Parliament gives green light to interinstitutional agreement on risk reduction package

16/04/2019 (Agence Europe)On Tuesday 16 April, the European Parliament approved the Interinstitutional Agreement on four legislative texts aimed at reducing financial risks in the banking system (see EUROPE B12152A4, B12150A11). Prudential rules incorporate the international TLAC standard into EU law and modify those on the hierarchy of creditors mobilised in the event of bank failure. Large groups will thus have to hold more MREL equity capital that can be mobilised in the event of...

Contents

CULTURE - SOCIAL AFFAIRS
EUROPEAN PARLIAMENT PLENARY
INSTITUTIONAL
EXTERNAL ACTION
SECTORAL POLICIES
NEWS BRIEFS