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Banks now using schemes to comply with BRRD

Banks now using schemes to comply with BRRD
Published on: 28 November 2017
Published by: LexisPSL
  • Banks now using schemes to comply with BRRD
  • What are the key provisions of BRRD?
  • What were the key practical effects of the two English schemes used by the Co-Operative Bank (Co-Op) to restructure?
  • Are we likely to see more banks using schemes to comply with BRRD requirements?
  • What other restructuring tools are available under BRRD?
  • What are the key challenges facing banks in the future?

Article summary

Restructuring & Insolvency analysis: Tom Garske, associate partner at Citihub Consulting, discusses what the benefits of using schemes to abide by the provisions of the EU Bank Recovery and Resolution Directive (BRRD) are to banks. or take a trial to read the full analysis.

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