EU bank crisis management and deposit insurance framework: Commissions hosts virtual event with key policy figures

Today, the Commission will be hosting a virtual event dedicated to the ongoing review of the bank crisis management and deposit insurance (CMDI) framework. This conference is an opportunity for debate and discussion around the issues that emerged in the implementation of the existing framework and possible policy solutions. The current health crisis has reminded us of the importance of a strengthened banking union and the safety nets it offers – such as a European Deposit Insurance Scheme (EDIS). Commissioner Mairead McGuinness, Portugal’s Minister of State for Finance João Leão, ECB Vice-President Luis de Guindos, SRB Chair Elke König, Chair of the EP’s ECON Committee Irene Tinagli, Chairperson of the EBA Jose Manuel Campa and many others will be taking part. Participants will discuss their views on the resolution and insolvency toolbox, funding in resolution and insolvency as well as the way forward on depositor protection. During the event, participants are welcome to ask questions to @EU_Finance using the hashtag #CMDIreview. You can find out more via the Conference’s webpage.