Draft Law Transposing the Bank Recovery and Resolution Directive

Draft Law Transposing the Bank Recovery and Resolution Directive

On 11 June 2015, a draft law regarding the recovery and resolution of credit institutions and investment firms, and for amending and completing certain enactments in the financial field (the “Draft Law”), transposing the Bank Recovery and Resolution Directive (the “BRRD”), was published for public consultation on the web-site of the Romanian Ministry of Public Finances.

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