The Council of the EU announced that it had reached political agreement with the EP on the ‘Daisy Chain’ proposal, which amends the EU bank resolution framework by: (i) incorporating a dedicated treatment for the indirect...more
As part of the proposed Banking Package (CRDVI), the European Commission has proposed a harmonised EU regulatory framework for third country bank branches.
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We look at the architecture of the new European regulatory framework and some of the key areas relevant to the corporate structure of UK and other European financial institutions....more