Reorganisation and Winding-Up of Credit Institutions Directive

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Chapter 12 in EU Banking and Financial Regulation, 2024, pp 143-149 from Edward Elgar Publishing

Abstract: Directive 2001/24/EC (the Winding-up Directive) aims to avoid unequal treatment of creditors and conflicts of jurisdiction that may arise from the initiation of separate insolvency proceedings affecting a credit or financial institution established in different EU Member States. The Winding-up Directive lays down information and publication requirements designed to protect creditors and customers and provides for cooperation between supervisory authorities at a European level.

Keywords: Law - Academic; Law - Professional (search for similar items in EconPapers)
Date: 2024
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