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BAFT News and Press Releases

 

BAFT Submits Letter to EU Commission on Article 55

by Patrick Devilbiss | Jun 02, 2016
On June 1, BAFT submitted a letter to the EU Commission urging the amendment of Article 55 applicability. Read the Full Letter
On Wednesday, June 1, BAFT submitted a letter to Lord Jonathan Hill, European Commissioner for Financial Stability, Financial Services and Capital Markets Union, urging the Commission to amend the scope of the liabilities to which the contractual recognition requirement (Article 55) applies in the BRRD due to its negative impacts on global trade.

Read the Full Letter