Review of the bank recovery and resolution directive

The Commission is working to improve the prudential rules in the EU to ensure growth and financial stability.

The review aims to ensure that

  • the rules are proportional to risk and consistent
  • prudential objectives and financial stability are preserved

Proposal to amend rules on bank recovery and resolution

On 23 November 2016 the Commission proposed amendments to the Bank recovery and resolution directive. The amendments include measures that will further strengthen the European resolution framework and the ability of relevant authorities to achieve resolution outcomes that are effective in safeguarding financial stability and public funds.

On 16 April 2019 the European Parliament endorsed the final agreement on a comprehensive set of reforms proposed by the Commission to strengthen further resilience and resolvability of EU banks, including the bank recovery and resolution directive.