The European Commission is reviewing the crisis management and deposit insurance framework (CMDI) in order to strengthen the second pillar of the banking Union. Based on the outcome of the review, the Commission may bring forward amending proposals in the 4th quarter of 2021 for consideration by the EU co-legislators.
This high-level conference is an opportunity for interested parties to discuss the issues that emerged in the implementation of the existing framework and to debate possible policy solutions.
Furthermore, the current health crisis has highlighted the need for a strengthened banking Union and the safety nets it offers – such as a European deposit insurance scheme (EDIS).
Two keynote speakers will address the urgent need to complete the banking Union, including its 3rd – still missing – pillar EDIS. Policymakers, regulators and stakeholders will discuss their views in 3 panels:
- The resolution and insolvency toolbox
- Resolution and insolvency funding
- The way forward on deposit insurance