The four bridge banks: the first application of the EU Bank Recovery and Resolution Directive in Italy

We worked side by side with the four bridge banks’ management in the application of the Bank Recovery and Resolution Directive (BRRD) for the first time in Italy – also one of the first in Europe. We were right by their side from their very creation to ensure continuity of their essential functions and to support investors and account holders – to thereby limit the damage suffered and render the banks marketable. We assisted the FIT draft the regulation on the related compensation due.