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CMS Italy Newsletter | 3 Nov 2014

Banks’ recovery and resolution directive: a new model for the management of banking crisis

03/11/2014

Although not yet implemented in our jurisdiction, Directive 2014/59/EU enacted on last 15 May constitutes a remarkable step forward in the overhaul of the European framework concerning banking supervision. Indeed, such piece of legislation is part of the ambitious plan pursued by European Union’s institutions to build common rules on banking supervision for all Member States (so-called “Banking Union”).

Newsletter
Banks’ recovery and resolution directive: a new model for the management of banking crisis
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Authors

Portrait ofMatteo Ciminelli
Matteo Ciminelli
Partner
Rome
Giovanni Battista Donato