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
A majority of dealmakers say their companies are focused on defense or survival, but about a quarter...
Read More >
New 90% threshold to implement a squeeze-out threshold: good news for financial markets, from IPO to...
Read More >
Despite unprecedented disruptions to the court system from the COVID-19 pandemic, plaintiffs continu...
Read More >
Among various other disruptions and turbulence that COVID-19 has brought to the construction industr...
Read More >
Germany should not be a blank spot on your company map. Located at the center of Continental Europe,...
Read More >
The U. S. Department of the Treasury recently issued final regulations governing hardship distributi...
Read More >