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 New York State Legislature and Governor Cuomo have been busy in 2019 enacting laws that will hav...
Read More >
Candid conversations, unfiltered insights, and a dose of hard-earned wisdom from influential women, ...
Read More >
The recent Employment Tribunal decision in Dewhurst and others v. Revisecatch & City Sprint has held...
Read More >
On September 24, 2019, the U.S. Department of Labor (DOL) issued its final overtime rule as it relat...
Read More >
The COVID-19 pandemic has caused severe disruption, distress and uncertainty for companies across al...
Read More >
Some interesting links we found across the web this week: 5 Key Lessons on Building a Business That...
Read More >