Financial Services Financial Services

EU bank-failure framework still requires taxpayers to foot the bill, Basel institute says

By Jack Schickler
  • 10 Jul 2020 07:31
  • 10 Jul 2020 07:26

A major EU banking failure would likely still require support from taxpayers, the Basel-based Financial Stability Institute has warned, with deficiencies in the bloc’s post-crisis regime meaning the bailout era is far from over. 

The report (see here) adds international pressure to the clamor for the EU to sort out how

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

Latest News