Single Resolution Mechanism for the Banking Union: Proposal by the Commission

Four cog-wheels in the form of one euro coins form a gear

The European Commission has today made a proposal for a Single Resolution Mechanism for the Banking Union. “We need a system which allows banks to be resolved quickly, efficiently, avoiding doubts on the impact on public finances and with rules that create certainty in the market. That is the point of today’s proposal for a Single Resolution Mechanism” Commissionner Barnier said.

Top