News & Analysis as of

EU Directive Bank Recovery and Resolution Directive (BRRD)

A&O Shearman

EU Finalizes Changes to Ranking of Unsecured Debt Instruments in Insolvency Hierarchy

A&O Shearman on

An EU Directive amending the Bank Recovery and Resolution Directive has been published in the Official Journal of the European Union. The amending Directive amends the ranking of unsecured debt instruments in the insolvency...more

Morrison & Foerster LLP

Brexit: Overview of Potential Impact on Derivatives

The process of Brexit will take many years, and the implications for our clients’ businesses will unfold over time. Our MoFo Brexit Task Force is coordinating Brexit-related legal analysis across all of our offices, and...more

A&O Shearman

EU Regulation Supplementing Bank Recovery and Resolution Directive Published

A&O Shearman on

Commission Delegated Regulation on deferral of extraordinary ex post contributions to a resolution financing arrangement and the criteria for determining critical functions was published in the Official Journal of the...more

Orrick - Finance 20/20

European Commission Requests 11 Member States to Implement Bank Recovery and Resolution Directive (BRRD)

On May 28, 2015, the European Commission published a press release announcing that it has requested 11 member states (Bulgaria, the Czech Republic, France, Italy, Lithuania, Luxembourg, the Netherlands, Malta, Poland,...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Europe's New Toolbox Aims to Minimize Impact of Troubled Banks"

Europe's latest legislative response to the recent financial crisis — the Bank Recovery and Resolution Directive (BRRD) — is intended to establish a minimum common toolbox for regulators in each member state to address bank...more

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