Corrigendum to the European directive on recovery and resolution of financial entities
13 Mar 2026
7 views
Who is affected:
Credit institutions, banks and investment firms operating in the EU
Summary
Errors are corrected in the European regulation governing how to act in the event of bank and investment firm failures. It affects the stability of the European financial system.
Detailed analysis
PRO
This corrigendum fixes material errors in Directive 2019/879/EU amending the BRRD (Bank Recovery and Resolution Directive). The BRRD establishes the framework for the recovery and resolution of credit institutions and investment firms in the EU. The corrections affect technical and drafting aspects that could lead to m…
Full official title
CELEX:32019L0879R(09)