Procedure

Bank recovery and resolution: ranking of unsecured debt instruments in insolvency hierarchy

2016/0363(COD)·8th term·ECON·COD - Ordinary legislative procedure (ex-codecision procedure)·CompletedProcedure completed
Rapporteur (the Member appointed to lead Parliament's work on this text): HÖKMARK Gunnar (PPE)
Summary

This dossier concerns bank recovery and resolution, specifically the ranking of unsecured debt instruments in the insolvency hierarchy. The amendments revise recitals and provisions on loss-absorbing and recapitalisation capacity, the bail-in regime, TLAC/MREL eligibility criteria, a new 'non-preferred' or 'preferred subordinated' senior class of debt instruments, the priority ranking of senior debt and deposits in national insolvency law, grandfathering of existing instruments, and Directive 2014/59/EU.

69
Amendments
distinct, in window
16
Members
tabled at least one
1
Committee(s)
8 Sep 2017
Dates

Official amendment documents