Cross-Border Banking Crisis Management
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 196mo ago
This procedure concerns the framework for managing crises in banks that operate across multiple EU countries. It aims to ensure financial stability and protect depositors by providing clear rules for resolution.
It affects banks, financial supervisors, and national resolution authorities. The goal is to prevent taxpayer bailouts and ensure orderly winding down of failing institutions.