Liikanen, Non-bank RRP and SRM Rules Expected in H2

On 27 February 2013, the European Commission published an updated summary of the legislative and non-legislative proposals it expects to adopt between 21 February and 31 December 2013.

Among the legislative acts expected to be adopted are a:

  • Directive/Regulation on the reform of the structure of EU banks (i.e. Liikanen), expected in Q3 2013;
  • Framework for crisis management and resolution for financial institutions other than banks, expected in Q4 2013; and
  • Regulation on a single resolution authority and a single resolution fund within a Single Resolution Mechanism (SRM), expected in Q4 2013.
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