This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Failed banks need better resolution plans, FSB official says, flagging EU agency

By Neil Roland and Brian Baker ( July 10, 2019, 17:32 GMT | Insight) -- A top Financial Stability Board official urged banks and national regulators to ensure adequate funding is available to unwind firms that collapse in a crisis, pointing to challenges facing the EU resolution authority. For the EU’s Single Resolution Board, FSB Vice Chairman Klaas Knot said “the public backstop funding mechanism is still very much a work in progress.”A top Financial Stability Board official urged banks and national regulators to ensure adequate funding is available to unwind firms that collapse in a crisis, pointing to challenges the EU resolution authority faces....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections