The Council of the EU has published a Presidency compromise proposal for a Directive amending the Bank Recovery and Resolution Directive (BRRD) as regards the ranking of unsecured debt instruments in insolvency hierarchy. The proposal states that the additions to the last Presidency compromise are marked in underline bold text, additions to the European Commission’s legislative proposal from earlier compromises are in underlined font and deletions from the last Presidency compromise are indicated in strikethrough.
Latest Presidency compromise proposal on proposed Directive amending the BRRD relating to the ranking of unsecured debt instruments in insolvency hierarchy
