Amendment to the law on compulsory restructuring

Amendment to the law on compulsory restructuring

A draft amendment to the law on compulsory bank restructuring has been prepared.

The aim of the project is to adjust the national law to the EU directive in the field of efficient and effective resolution of resolution. The restructuring carried out in this way is to allow banks to continue the most important areas of their activities and contribute to securing the stability of the financial system.

At present, the project has been submitted to the standing subcommittee on financial institutions for consideration.

It is worth recalling that Idea Bank underwent forced restructuring at the beginning of the year. Similar steps were also announced in April against Getin Noble Bank.

Source: https://www.wnp.pl/finanse/sejm-projekt-nowelizacji-ustawy-o-przymusowej-restrukturyzacji-bankow-skierowany-do-podkomisji,474548.html

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