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Sberbank resolution highlights need for depositor insurance, harmonized insolvency laws, SRB’s König says

The resolution of Sberbank revealed “problematic points” that need solving to ensure there are no hurdles to dealing with failing lenders, the EU’s Single Resolution Board chief said today.

Despite it being a straightforward case, regulators came up against the issue of different legal frameworks in different EU member states, Elke

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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