EU Parliament Finalises Opinion on RRD

On 25 February 2013, the EU Parliament’s Committee on Legal Affairs published its final opinion proposing certain amendments to ‘proposal for a Directive of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms’ (the “RRD”).  This is a follow up to the draft opinion published on 5 February 2013.  The amendments proposed in the final opinion exactly mirror those detailed in the draft opinion, as summarised in our previous blogpost.

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