On Wednesday 20 March, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) finalised its position on the ‘CMDI’ legislative package aimed at strengthening banking crisis management (see EUROPE B13367A8).
MEPs endorse the main objective of the legislative initiative to extend the scope of bank resolution to medium-sized banks, particularly those with a systematic impact at regional level, by mobilising national bank deposit guarantee schemes (DGSs) to provide...