The EBA responds to a law firm on the treatment of some legacy instruments of Banque Fédérative du Crédit Mutuel

News Financial services Statements & Speeches

Date: 20th Dec, 2024 Source: European Banking Authority (EBA) Country: European Union Original Source

Brief

"On July 18, 2024, the European Banking Authority (EBA) published a response to a law firm's letter regarding Banque Fédérative du Crédit Mutuel's intention to keep some legacy instruments in its balance sheet. The EBA views this as creating undue complexity and recommends that BFCM target the redemption of these instruments."

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European Banking Authority (EBA)

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The EBA responds to a law firm on the treatment of some legacy instruments of Banque Fédérative du Crédit Mutuel

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The EBA responds to a law firm on the treatment of some legacy instruments of Banque Fédérative du Crédit Mutuel

Brief

European Banking Authority (EBA)

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