The article reports on the statement of Oliver Moullin of the Association for Financial Markets in Europe (Afme) detailing the progress of various solutions over the management of financial difficulties of import banks if they run into through the Bank Recovery and Resolution Directive (BRRD). Afme's managing director Gilbey Strub mentions the national resolution funds and the minimum requirement for eligible liabilities. It also notes the efforts of the Financial Stability Board on the issue.
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