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AK Contribution to the Public Consultation by the European Commission: Reforming the structure of the EU banking sector

[03-07-2013]
The Austrian Federal Chamber of Labour welcomes the Commissions’ initiative to reform the structure of the EU banking sector.
Positionspapiere | Wirtschaft

In our view, it is an important corner stone, without which the other elements of a banking union, the Basel III accord and its implementation by CRD/CRR, the Bank Resolution and Recovery Directive (BRRD), the single supervisory mechanism (SSM) and a reform of deposit guarantee schemes (DGS) cannot be expected to be fully effective.« Zurück

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