Clifford Chance

EU Reforms Bank Crisis Management and Deposit Insurance Regime

20 April 2023

The European Commission has published a legislative package of reforms to the EU regime for bank crisis management and deposit insurance (CMDI).

The proposals aim to make it easier to resolve failing smaller and medium-sized banks but will affect all EU banks. In particular, they would end the super-priority of deposit guarantee schemes and give all depositors equal preference in the winding up of an EU bank.  

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