On 7 May, Benedita Aires, partner, attended as a speaker the roundtable dedicated to “Bail-in under the banking resolution”, as part of the 23rd edition of the Post-graduate Course in Securities Market Law.

Benedita Aires speaks about: What does bail-in consist of?; Decision-making criteria of the resolution authority in defining which credits are eligible for internal recapitalization; Principle of equitable treatment of creditors under bail-in; Hierarchy of creditors; the eligible capital and credit requirement (MREL); the conversion into share capital; the role of the intervention of the Resolution Fund.

More information here.