BAFT News and Press Releases

Please direct all media inquiries to Blair Bernstein (Public Relations) or Gregory Kramer (General Communications).

BAFT Submits Letter to EU Commission on Article 55

by User Not Found | Jun 02, 2016
On June 1, BAFT submitted a letter to the EU Commission urging the amendment of Article 55 applicability. <a href="http://www.baft.org/docs/default-source/policy-department-documents/baft-letter-to-the-eu-commission-article-55.pdf?sfvrsn=0">Read the Full Letter</a>
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