| Author (Corporate) | Council of the European Union: General Secretariat |
|---|---|
| Series Title | Press Release |
| Series Details | 16.06.17 |
| Publication Date | 16/06/2017 |
| Content Type | News |
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On 16 June 2017, the Council agreed its stance on part of a package of proposals aimed at reducing risk in the banking industry, namely: a draft directive on the ranking of unsecured debt instruments in insolvency proceedings (bank creditor hierarchy) and a draft regulation on transitional arrangements to phase in the regulatory capital impact of the IFRS 9 international accounting standard. |
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| Source Link | Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2017/06/16-banking-creditor-hierarchy-ifrs9-proposals/ |
| Subject Categories | Business and Industry |
| Countries / Regions | Europe |
