Insights

With the main objective to strengthen the banking union and reduce risks in the financial system, the EU Council is currently setting up a range of amendments to the legislative framework which will reduce the negative impacts of potential shocks to the financial system. Inspired by the Basel Committee on Banking Supervision and the Financial Stability Board (FSB), the legislative packages focus on reforms affecting the Capital Requirements Directive and Regulation, the Bank Recovery and Resolution Directive, as well as the Single Resolution Mechanism Regulation. 

Press Release