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The SRB concluded that no such measures or actions could have prevented the failure of the Bank within a reasonable timeframe.

Concetta Brescia Morra

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High to Low Avg. We are always working to improve this website for our users. Learn more about Amazon Prime. The Commission also confirmed that the measures do not constitute aid to Intesa, because it was selected after an open, fair and transparent sales process, fully managed by Italian authorities, ensuring that the activities were sold at the best offer available.


My presentations Profile Feedback Log out. Registration Forgot your password? Existing shareholders and subordinated debt holders have fully contributed to the costs, reducing the cost of brezcia intervention for the Italian State. Share buttons are a little bit lower. The ECB has yet comment on the fund, which is backed by Italy’s main financial institutions and state lender Cassa Depositi e Prestiti.

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To ensure a morrra between monetary policy and supervisory tasks, the Mediation Panel resolves differences of views regarding an objection by the Governing Council to a draft decision of the Supervisory Board.

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Amazon Second Chance Pass it on, trade it in, give it a second life. Il diritto delle banche Jan 01, Board instructs NRAs to implement the scheme. Amazon Restaurants Food delivery from local restaurants. AmazonGlobal Ship Orders Internationally. The liquidity required by the Resolution Fund in order to become immediately operational has been advanced by three major banks – Intesa San Paolo, Unicredit and UBI – at market rates and with maximum maturity of 18 months.

Prof. Concetta Brescia Morra, Studying Law at Roma TRE

To make this website work, we log user data and share it with processors. The administrators undertake the express commitment to sell the good bridge bank rapidly to the highest bidder by transparent, market-based procedures, and reimburse the Resolution Fund with the proceeds. To use this website, you must agree to our Privacy Policyincluding vrescia policy. Administrative reviews may be requested by any person or legal entity directly affected by an ECB supervisory decision.

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Get fast, free shipping with Amazon Prime. The ECB has made it a priority to tackle the burden of soured debt that has weighed on the balance sheet of banks, particularly in countries such as Greece and Italy, since the financial crisis.

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They have professional supervisory experience and relevant knowledge in the field of banking, but cannot be current staff members of the ECB, national supervisors, or any other national or EU institution or body.