Speakers
Objectives
On 25 June 2025, the Council and the European Parliament reached a political agreement on the reform of the EU’s Crisis Management and Deposit Insurance (CMDI) framework. This long-awaited breakthrough seeks to improve the resolution process for banks of all sizes, especially small and medium-sized institutions, by providing broader access to industry-funded safety nets and clarifying the role of Deposit Guarantee Schemes (DGSs) in resolution.While the political agreement represents a significant step forward, key aspects of the reform still require further clarification and harmonisation across Member States. In parallel, the broader objective of completing the Banking Union remains incomplete—particularly the establishment of a European Deposit Insurance Scheme (EDIS), which is seen as a cornerstone of depositor confidence and cross-border integration.This session will explore the remaining policy, legal and operational measures needed to enhance the effectiveness, credibility and consistency of the EU’s crisis management framework. It will also assess the conditions for reaching a broader political compromise that combines CMDI reform with EDIS, cross-border financial integration, and trust in group-wide support mechanisms.
Points of discussion
- Completing and clarifying the CMDI reform framework: what remains to be done?
- Building confidence and achieving the next steps: what conditions for a full Banking Union package?