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Image header Agence Europe
Europe Daily Bulletin No. 13837
EUROPEAN PARLIAMENT PLENARY / Banks

European Parliament ratifies Interinstitutional Agreement on ‘CMDI’ package to strengthen management of banking crisis in EU

On Thursday 26 March, the European Parliament ratified by acclamation the agreement with the Council of the European Union on the ‘CMDI’ legislative package aimed at strengthening the management of a crisis arising from a failing bank (see EUROPE B13668A10).

The main objective of the reform was to broaden the scope of a banking resolution by including small and medium-sized banks that do not have ‘MREL’ assets that can be mobilised (regulatory minimum threshold of 8% of...

Contents

EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SECURITY - DEFENCE
SOCIAL AFFAIRS - EMPLOYMENT
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
NEWS BRIEFS