EU bail-in to start two years early after Parliament and Council reach agreement

michelle-barnier-15-sept-2010
Michel Barnier

The European Parliament's negotiators last night reached agreement with their counterparts in the European Council to bring in a new directive on bank bail-ins in January 2015, which will mean the new bail-in rules will enter force in January 2016 – two years earlier than had been envisaged.

Under the new rules, bank shareholders and bondholders will take the first hit when a bank is failing, with depositors of more than €100,000 participating last. Smaller depositors will be safeguarded by depo

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: