State aid to banks
Einde inhoudsopgave
State aid to banks (IVOR nr. 109) 2018/12.7.3:12.7.3 Impact BRRD
State aid to banks (IVOR nr. 109) 2018/12.7.3
12.7.3 Impact BRRD
Documentgegevens:
mr. drs. R.E. van Lambalgen, datum 01-12-2017
- Datum
01-12-2017
- Auteur
mr. drs. R.E. van Lambalgen
- JCDI
JCDI:ADS591812:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Mededingingsrecht / EU-mededingingsrecht
Deze functie is alleen te gebruiken als je bent ingelogd.
The importance of the BRRD cannot be overstated. The BRRD introduces the bail-in tool, and unlike the 2013 Banking Communication, the BRRD does not exempt senior creditors. On the contrary, under the BRRD, all creditors have to bear losses, unless they are excluded from the scope of the bail-in tool by Art. 44(2) or (3) BRRD. Pursuant to Art. 44(2)(a) BRRD, covered deposits are excluded from the scope of the bail-in.