On 13 April 2018, the FMLC published a paper entitled Bank Recovery and Resolution Directive: Legal Uncertainties in the Proposal to Amend Moratorium Powers (the “FMLC Paper”). Stakeholders subsequently contacted […]
Tag: Bail-In
Report: Analysis of the Proposal to Amend Moratorium Powers: 13 April 2018
On 23 November 2016, the European Commission published a package of reforms proposing fundamental changes to E.U. legislation on bank resolution and bank capital. One proposed amendment introduced additional moratorium […]
Letter to HM Treasury: Set-off under the Banking Act: 5 October 2015
A letter from the FMLC to Ms Kantor of HM Treasury, sent 5 October 2015, commenting on aspects of the bail-in regime for UK banks. Available as: PDF
Letter to HM Treasury: Bail-in Powers Under the Financial Services (Banking Reform) Act 2013: 22 May 2014
A letter from the FMLC to the Resilience and Resolution Team at HM Treasury, sent 22 May 2014, in response to the Consultation on the Implementation of Bail-in Powers Under […]
Letter to Mr Faull: Reforming the Structure of the E.U. Banking Sector: 8 November 2012
A letter to Mr Faull of the European Commission Directorate-General Internal Market and Services, sent 8 November 2012, drawing attention to issues of legal uncertainty with regard to the bail-in […]
Addendum: Introduction of Bail-in Powers: May 2012
An addendum entitled “Further discussion of legal uncertainty which could arise from bail-in: an addendum to the FMLC paper entitled Observations on legal uncertainties which may arise from the introduction […]
Letter to European Commission: Bail-In: 1 May 2012
A letter from the FMLC to Mr Faull of the European Commission Directorate-General Internal Market and Services, sent 1 May 2012, enclosing an addendum to the FMLC paper entitled Observations on […]
Letter to HM Treasury: Introduction of Bail-in Powers: 17 March 2012
A letter from the FMLC to the ICB Implementation Team at HM Treasury, sent 17 March 2012, enclosing an FMLC report regarding legal uncertainties that might arise from the introduction […]
Report: Introduction of Bail-in Powers: 1 March 2012
FMLC report entitled Observations on legal uncertainties which may arise from the introduction of bail-in powers, published 1 March 2012. Available as: PDF
Letter to the Financial Stability Board Secretariat: Effective Resolution of Systemically Important Financial Institutions: 2 September 2011
A letter from the FMLC to the Financial Stability Board Secretariat, sent 2 September 2011, in response to the Consultative Document on Effective Resolution of Systemically Important Financial Institutions. Available as: […]