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

Dombrovskis_Valdis_Commission_PA_230x150_300419
By Tyler Davies
30 Apr 2019

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.

There are a number of rules set out in the BRRD that are intended to limit the use of precautionary recapitalisation — a process enabling solvent banks to draw on state aid without triggering resolution — in Europe. For example, the state capital injections can only address capital ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.