Home Banking issues Regulation & Supervision Obligations of French banks related to the BRRD  
 
 
 

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20 december 2019

Obligations of French banks related to the BRRD

In France several regulatory measures have been taken to require credit institutions to provide for a resolution stay clause in contracts governed by third-country law within the context of the EU Bank Recovery and Resolution Directive (BRRD) transposition. The letter enables counterparties to agree and to recognize the effectiveness of the resolution stay powers.

For more information, please refer to the "Frequently Asked Questions".

 
 
 
 
 
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