We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. Read more about our Privacy Policy.

I got it!

News
Economy
16 May 2023

In-Depth Analysis - Reform of the CMDI framework that supports completion of the Banking Union - PE 741.516 - Committee on Economic and Monetary Affairs

The Bank Crisis Management and Deposit Insurance (CMDI) framework should be enhanced with a view to completing the Banking Union. This study recommends harmonizing some key elements of the national bank insolvency regimes, granting the ECB a role in the provision of ELA and introducing improvements to the deposit guarantee schemes framework that could pave the way for the establishment of EDIS in the near future.Source : © European Union, 2023 - EP