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Proposal for a Directive of the European Parliament and of the Council amending Directive 2014/59/EU as regards early intervention measures, conditions for resolution and financing of resolution action (COM(2023) 227 final / 2023/0112 (COD)) (BRRD3) (updated 3 July 2024 with Information Note - Outcome of the European Parliament's first reading (Strasbourg, 22 to 25 April 2024))Explanatory Memorandum1. Context of the proposal2. Legal Basis, Subsidiarity and Proportionality3. Results of Ex Post Evaluations, Stakeholder Consultations and Impact Assessments4. Budgetary Implications5. Other Elements6. Detailed Explanation of the Specific Provisions of the ProposalProposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Directive 2014/59/EU as regards early intervention measures, conditions for resolution and financing of resolution actionRecitalsArticle 1 Amendments to Directive 2014/59/EUArticle 2 TranspositionArticle 3 Entry into forceArticle 4 AddresseesDone at
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Explanatory Memorandum

1. Context of the proposal
2. Legal Basis, Subsidiarity and Proportionality
3. Results of Ex Post Evaluations, Stakeholder Consultations and Impact Assessments
4. Budgetary Implications
5. Other Elements
6. Detailed Explanation of the Specific Provisions of the Proposal
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