SRB warns EU not to lose sight of ‘fully fledged’ EDIS

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By Tyler Davies
22 Apr 2021

The Single Resolution Board said this week that it could only get behind a "hybrid model" for the European deposit guarantee scheme (EDIS) if it forms part of a temporary solution on the way to establishing a fuller framework.

The SRB made the comments as part of its response to the European Commission’s consultation on EU crisis management rules.

The consultation is intended to shape new legislative proposals aimed at completing the EU banking union.

In the broadest sense, this means establishing common protection for EU deposits, ...

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