Database on German and European Economic Law

 Directive 2014/59/EU

I. Description

The directive 2014/59/EU sets out the necessary steps and powers to ensure that bank failures across the EU are managed in a way which avoids financial instability and minimises costs for taxpayers.

II. General Information

Title

Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC,   2011/35/EU,   2012/30/EU and   2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council Text with EEA relevance

Abbreviations
Bank Recovery and Resolution Directive, BRRD
Status
Existing
Directive
2014/59/EU
Source
O.J. EU No L (Legislation), Edition 173, Year 2014, p.190
Adoption
05/15/2014
Promulgation
06/12/2014
Character
Lamfalussy Framework Act
Legal Basis
Art. 114 AEUV
Legislative Procedure
Codecision procedure
Background

III. Versions and Legislative History

1. Versions

Titel
Allg. Daten
Textfassung

Original Text Bank Recovery and Resolution Directive, BRRD:
Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC,   2011/35/EU,   2012/30/EU and   2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council Text with EEA relevance

  2014/59/EU

Beschluss:
05/15/2014 (A)
Verkuendung:
06/12/2014 (P)
(A) Adoption | (P) Promulgation

2. Reformvorhaben

3. Legislative History

Datum
Typ / Titel
Textfassungen
04/15/2014
Report of the European Parliament - 1st reading
TA/2014/354/P7
12/12/2012
Opinion of the European Economic and Social Committee
ABL 2013/C 44/68
12/12/2012
Proposal
COM(2012) 280/3 (Corrigendum)
11/29/2012
Opinion of the European Central Bank
ABL 2013/C 39/1
06/12/2012
Proposal
COM(2012) 280/2 (Corrigendum)
06/06/2012
Commission staff working paper
SWD(2012) 166 final
06/06/2012
Proposal
COM(2012) 280
06/06/2012
Commission staff working paper
SWD(2012) 167 final

4. Comments

Datum
Stellungnahme
Textfassungen
03/18/2013
Centrum für Europäische Politik (cep (Teil 2))
Comment on: Kommissionsvorschlag
03/18/2013
Centrum für Europäische Politik (cep (Teil1))
Comment on: Kommissionsvorschlag

5. Legal Impact

Auswirkungstyp
Richtlinie
Textfassungen
Amendment
  Directive 2013/36/EU
Amendment
  Directive 2012/30/EU
Amendment
  Regulation (EU) No 648/2012
Amendment
  Directive 2011/35/EU
Amendment
  Regulation (EU) No 1093/2010
Amendment
  Directive 2007/36/EC
Amendment
  Directive 2005/56/EC
Amendment
  Directive 2004/25/EC
Amendment
  Directive 2002/47/EC
Amendment
  Directive 2001/24/EC
Amendment
  Directive 82/891/EEC

6. CESR Level 2

DelVO_201563_BRRD
CESR/

Legend

Legislative Act Status

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Overview

I. Description
II. General Information
III. Versions and Legislative History
1. Versions
2. Reformvorhaben
3. Legislative History
4. Comments
5. Legal Impact
6. CESR Level 2
IV. Umsetzung in den Mitgliedstaaten
1. Implementation in Germany