European regulations and directives/BRRD

European regulations and directives/BRRD guidance:

The work and foundations of BIS The Bank for International Settlements (BIS) assists central banks in relation to monetary and financial stability. Its head office is in...

Practice Note

Background to the BRRD This Practice Note summarises the core provisions included in the Bank Recovery and Resolution Directive 2014/59/EU (BRRD). The BRRD proposed a...

Practice Note

A package of legislation intended to reduce risks in the EU banking sector, known as the ‘banking package’, was published in the Official Journal of the EU on 7 June...

Practice Note

Background to the Volcker Rule and implementation The rules which came about from the so-called Volcker Rule provisions of the Dodd-Frank Wall Street Reform and Consumer...

Practice Note

Purpose of the Credit Institutions (Reorganisation and Winding Up) Directive The Credit Institutions (Reorganisation and Winding Up) Directive 2001/24/EC (CIWUD) was...

Practice Note

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

Background The financial and economic crisis highlighted the increasing risk of financial fragmentation within the internal market for banking services in the European...

Practice Note

This Practice Note outlines the key changes to UK banking reform as adopted by the Financial Services (Banking Reform) Act 2013 (FS(BR)A 2013) including ring-fencing...

Practice Note