Sector Regulation Sector Regulation

EU large, cooperative banks' crisis-debt issuance under spotlight in SRB consultation

By Jack Schickler
  • 17 Feb 2020 06:30
  • 17 Feb 2020 06:29
EU groupings of cooperative banks might have to provide details of exactly how they share risk under a draft policy statement published by regulators today on how they want banks to issue subordinated debt to cushion taxpayers from banking failures. 

The guidance (see here) comes as new EU banking

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