EU COMMISSION UPDATE ON LIKELY TIMING OF RRP DIRECTIVE

On 3 April 2012, the EU Commission published an update to its legislative proposals programme for 2012.  The legislative initiative on a framework for bank recovery and resolution now looks set to be adopted in June 2012.

The document can be found here:

 http://ec.europa.eu/atwork/programmes/docs/forward_programming_2012.pdf

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