Commission takes aim at ‘precautionary recap’ rules in BRRD review

Tyler Davies

April 30, 2019 05:30 pm

Dombrovskis_Valdis_Commission_PA_230x150_300419 — European Commissionner for financial stability, financial services and capital markets union Valdis Dombrovskis, gives a press conference on EU banking reforms in Brussels, Belgium, 23 November 2016. The Commission presents a package of reforms to further strengthen the resilience of EU banks. - NO WIRE SERVICE - Photo: Thierry Monasse/dpa | Thierry Monasse/DPA/PA Images

The European Commission is looking to clarify the rules around “precautionary recapitalisations”, having published a review of the implementation of the Bank Recovery and Resolution Directive (BRRD) in the European Union.

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Tyler Davies