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
The recent case of Calgary (City) v Canadian Union of Public Employees Local 37, 2019 ABCA 388 from ...
Read More >
Similar to last year, the Internal Revenue Service has given employers a holiday gift – an extensio...
Read More >
“What did I do wrong?” and “Am I doing this correctly” are frequent questions from clients regar...
Read More >
Wall Street apparently got together and decided that Monday was the day to start paying attention to...
Read More >
A ruling this morning from South Korea’s top court means that Samsung’s de facto leader, its vice ...
Read More >
On June 25, 2019, Governor Lamont signed into law “An Act Concerning Paid Family and Medical Leave,...
Read More >