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The legal nature of the recovery and resolution plans in the new architecture of the Bank Recovery and Resolution Directive

  • Daoning Zhang
  • , P. De Gioia-Carabellese

    Research output: Contribution to journal › Article

    Abstract

    Analyses key features of the recovery and bank resolution plans introduced by Directive 2014/59 (Bank Recovery and Resolution Directive), and examines their legal nature. Reviews the early intervention measures, including the power to remove the managerial team, the justifications for both types of plan, the differences between the two, and the extent to which they should be implemented administratively or judicially.
    Original languageEnglish
    Pages (from-to)380-398
    JournalInternational Company and Commercial Law Review
    Volume30
    Issue number7
    Publication statusPublished - Jul 2019

    Keywords

    • Bank Recovery and Resolution Directive
    • Banking
    • Finance
    • Financial law
    • Law
    • Recovery and bank resolution plans

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