login
login

Europe Daily Bulletin No. 12859

23 December 2021
ECONOMY - FINANCE / Banks
Political agreement in EU Council on targeted revision of banking resolution framework
Brussels, 22/12/2021 (Agence Europe)

The Member States’ ambassadors to the European Union (Coreper) reached a political agreement in principle on Tuesday 21 December on a proposed directive revising the regulatory framework for the resolution of failing banking groups.

As part of the legislative package finalising the integration of the ‘Basel III’ agreement in the EU (see EUROPE B12821A2), the so-called ‘Daisy Chain’ legislative proposal introduces “targeted adjustments” that are essential to improve a bank’s...

Contents

BEACONS
INSTITUTIONAL
ECONOMY - FINANCE
SOCIAL AFFAIRS - EDUCATION
SECTORAL POLICIES
EU RESPONSE TO COVID-19
EXTERNAL ACTION
COUNCIL OF EUROPE
NEWS BRIEFS
Op-Ed