Navigation path

Login   |   Register
 

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Extracts from the press conference by Michel Barnier on the options for bank resolution funds

51 views

At a press conference on 26/05/2010 in Brussels, Michel Barnier, Member of the EC in charge of Internal Market and Services, outlined a European Commission's proposal to establish an EU network of bank resolution funds, to ensure that future bank failures were not at the cost of the taxpayer or destabilise the financial system. Such funds would form part of a broader framework aimed at preventing a future financial crisis and strengthening the financial system. The Commission believed that a way to achieve this is by introducing requirement for Member States, to establish funds according to common rules, into which banks were required to pay a levy. The funds would not be used for bailing out or rescuing banks, but only to ensure that a bank's failure was managed in an orderly way and did not destabilise the financial system.
SHOTLIST LINK INFO PRESS MEMO

Type: EbS   Reference: 70659   Date: 26/05/2010   Duration: 00:03:46
To download, please log in



Related media

Extracts from the joint hearing on the revision of the financial regulation, EP ...
Ref: 70720
Date: 01/06/2010
70721 Joint hearing on the revision of the financial regulation, EP Committee on ...
Ref: 70721
Date: 01/06/2010
Extracts from the press conference by Michel Barnier on the options for bank ...
Ref: 70659
Date: 26/05/2010
70658 Press conference by Michel Barnier on the options for bank resolution funds
Ref: 70658
Date: 26/05/2010
70480 Press conference by Michel Barnier on the Financial regulatory reform – Where we ...
Ref: 70480
Date: 17/05/2010
Extracts from the press conference by Michel Barnier on the Financial regulatory ...
Ref: 70479
Date: 17/05/2010

New Video Player (Version 1)
More info

Press packs


Go to useful links page Useful links

Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2014