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Council of the EU agrees negotiating mandate on 'daisy chains' amendments to BRRD and SRM Regulation

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Published on: 17 November 2023
Published by LNB News

LNB News 17/11/2023

Document Information

Issue Date: 17 November 2023

Published Date: 17 November 2023

Jurisdiction(s): European Union

Article summary

The Council of the EU has adopted a mandate to start negotiations with the European Parliament on the proposed targeted amendment of the Bank Recovery and Resolution Directive and the Single Resolution Mechanism Regulation to address certain issues in relation to the treatment of ‘internal MREL’ in bank resolution groups.

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Jurisdiction(s):
European Union

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