Thomas Donegan (London-Financial Institutions Advisory & Financial Regulatory) and Kolja Stehl (London/Frankfurt-Financial Institutions Advisory & Financial Regulatory) spoke at the European Recovery and Resolution Summit on July 5-6, 2016 in Frankfurt, Germany.

With the BRRD now effective, the SRB operational, and regulators consulting on MREL–Europe is at a critical junction between policy and implementation for recovery and resolution professionals. Sponsored by Shearman & Sterling, this two-day conference brought together industry experts, Europe's regulators and banks to cover the latest guidance and technical insights on the BRRD, MREL, Recovery Plans, and Bail-in.

Stehl provided a legal case study of resolution proceedings under National Resolution Regimes and the BRRD in practice, and Donegan provided an overview on the Contractual Recognition of Bail-in and Resolution Stays. The panel focused on identifying RRP priorities from the regulators, key challenges in writing plans and preparing for submission for 2016.