X
03Sep

ECB Seeks EU Banking M&A With New Supervisory Guide

The Guide is intended to provide fresh clarity on the ECB’s approach to assessing proposed M&A transactions and enhance the transparency and predictability of supervisory actions. Key Points: Under the Guide, the ECB will: ..Not automatically penalise proposed M&A transactions by applying higher capital requirements; the starting point for capital will be the weighted average of the two banks’ Pillar 2 capital requirements and Pillar 2 guidance prior to the consolidation transaction...
By: Latham & Watkins LLP
Source Url: https://www.jdsupra.com/legalnews/ecb-seeks-eu-banking-m-a-with-new-19665/

Related

Sustainable Development and Land Use Update - July 2020 #2

A challenge to the interpretation of a project condition of approval may be filed more than 90 days ...

Read More >

A Win for Cannabis Industry Workers

On September 20, 2019, the United States Court of Appeals for the Tenth Circuit ruled in Robert Kenn...

Read More >

Medstar Good Samaritan Hospital and EEOC Reach $195,000 Agreement to Conciliate EEOC Disability Discrimination Charge

Federal Agency Determined That Employee Was Discharged After Requesting Disability-Related Leave Thr...

Read More >

DOL Announces Final Rule on Joint Employer Status: Tip of the Month - Employment and Labor Law

On January 13, 2020, the U.S. Department of Labor (DOL) announced its final rule interpreting joint ...

Read More >

New Guidance on the Use of Confidentiality Agreements

This OnPoint reports on the guidance recently issued by the Equality and Human Rights Commission (EH...

Read More >

Impact of the SECURE Act on Inherited IRAs

The SECURE Act, enacted December 20, 2019, contains significant changes affecting inherited (“stret...

Read More >