This spring the European Commission initiated changes with respect to the potential resolution of banks. In addition to natural persons, depositor protection is to be extended to schools, hospitals, municipalities and other public institutions. When are these changes expected to become effective?
DL: The changes that the European Commission proposed in April 2023 to improve the EU bank crisis management and deposit insurance framework are part of its efforts to complete the banking union and enhance financial stability in the EU.
The Commission’s proposal is currently under discussion by the European Parliament and the Council of the European Union, which are the co-legislators in the EU. If I’m not mistaken, The Commission hopes that these institutions will adopt the proposal as soon as possible, so that it can enter into force by 2025.
Contact our communications team
Recent interviews

It is common practice for large banks that fail, such as Credit Swiss, to be reorganised at weekends to avoid causing confusion among customers and...
[Automated translation]
The European mechanism that prepares the financial system in the event of a bank collapse is about to enter a new phase. The...

The banking sector is a vital part of the economy, but what happens when a bank fails? The Single Resolution Board’s (SRB) mission is to ensure...