Investors entering into capital relief transactions with European banks – beware the European Bank Recovery and Resolution Directive (2014/59/EU)


Second Quarter 2018
Reprinted with permission.

Before entering into a capital relief transaction (CRT) with a European bank, investors should specifically consider the European Bank Recovery and Resolution Directive (2014/59/EU) (BRRD). Morrison & Foerster’s Sonya Van de Graaff, Ed Downer and Jeremy Jennings-Mares propose some structuring tips for investors entering into CRTs, focusing on transactions with UK banks in particular.



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