Journal of
Italian
Banking
Association
year 100
Italian
Banking
Association
year 100
Archive » March 2019 » The decision of the European Court of Justice in the Tercas case
The decision of the European Court of Justice in the Tercas case
Salvatore MaccaroneMarch 2019 - n. 3
Jel codes: G21, G33, K20
The sentence of the European Court of Justice of 19 March 2019 annuls the European Commission’s decision on the Tercas case and rehabilitates the role of Fitd Consortium which will then be able to implement preventive and alternative measures facing depositors of ailing banks. This historic decision paves the way for various forms of resolution intervention or to facilitate aggregations, in particular between medium and small banks.
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