European Institute of Management and Finance | EU Bank Recovery and Resolution Directive (BRRD)
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EU Bank Recovery and Resolution Directive (BRRD)

EU Bank Recovery and Resolution Directive (BRRD)

The Bank Recovery and Resolution Directive (BRRD) establishes a common approach within the European Union (EU) to the recovery and resolution of banks and investment firms. The BRRD represents an important step forward in ensuring that the EU effectively addresses the risks posed by the banking system. The BRRD requires that competent authorities have the ability to intervene in a firm that is at risk of failing, in order to attempt to reverse the decline and avoid failure. BRRD requires Member States to ensure that their competent authorities have the power to require the removal and replacement of the board of directors and the senior management of an institution. This power may only be used where there is a significant deterioration in the financial situation of an institution, or where there are serious infringements of law, of regulations, or of the statutes of the institution, or serious administrative irregularities.

Course Content:

  • Scope of application
  • Resolution versus liquidation
  • Recovery plans
  • Resolution plans
  • Simplified obligations as regards the contents and details of recovery and resolution plans;
  • The failing or likely to fail criteria;
  • Resolution tools & liquidation-Transfer tools;
  • Bail-in purpose;
  • Minimum Requirement of Eligible Liabilities (MREL);
  • Powers of Resolution Authorities under BRRD;
  • Implementation challenges from an institutional point of view

Who should attend:

  • Members of the senior management in the banking and investment sector (Full Scope CIFs)
  • Risk Managers
  • Advisors

DATES: 16 May



LOCATION: EIMF Premises, Nicosia

TIME: 14:00 - 21:15

FEES: €180 + VAT

Start DateCourse TitleLocationCPD UnitsStatus
5 FebruaryAlternative Investment Funds (AIF) and Undertakings in Collective Investment Transferable Securities (UCITS)Nicosia6COMPLETED
7 FebruaryFundamentals of Fund Administration and CustodyNicosia5COMPLETED
27 FebruaryInvestment Fund Administration, Operations & CustodyNicosia 5COMPLETED
5 MarchAsset SecuritisationNicoasia5COMPLETED
8 MarchCII Award in Investment Planning
21 MarchUnderstanding the role and responsibilities of the depository under AIF, UCITS and AIFLNPsNicosia5UPCOMING
27 MarchOverview of the Cyprus Fund Sector: A legal Operational ApproachNicosia5UPCOMING
19 AprilInstitutional Portfolio ManagementNicosiaUPCOMING
23 AprilFund Administration A to ZNicosia6UPCOMING
10 MayRegulation (EU) 2017/1131 on money market fundsNicosiaUPCOMING
12 MayProspectus Law and Public TakeoversNicosiaUPCOMING
17 MayPackaged Retail and Insurance-based Investment Products (PRIIPs)NicosiaUPCOMING
17 MayUnderstanding and Negotiating ISDA Master Agreement OTC DocumentationNicosiaUPCOMING
29 MayAlternative Investment Funds (AIF), AIFMD, and Undertakings for Collective Investment in Transferable Securities (UCITS)Nicosia6UPCOMING
14 JuneCompliance in the Financial Services Sector – the Compliance Function in PracticeLimassol10UPCOMING

Participants will receive a certificate for successful participation indicating all topics covered

Register Here

If you need help completing the online registration form, please give us a call at 2227 4470 or email us at 

Trainer: Panayiotis Antoniou

Mr. Antoniou is a professional with 18 years-experience in the Banking and Insurance Sectors. He holds a Bachelor degree in Computer Science from State University of New York, USA, a Master’s degree in Information Systems from Virginia Tech, USA, a Master’s in Business Administration and a Master’s in Public Sector Management. He is also a member of the Project Management Institute and a partially-qualified member of the Association of Certified Chartered Accountants (ACCA). He is a holder of CySEC’s Advanced Certificate in Financial Services Legal Framework, a full member of the Chartered Institute for Securities & Investment (MCSI) specialising in Compliance & Risk and an approved trainer by the HRDA. He is currently the Head of Capital Adequacy Department of a large Advisory Group specializing in consulting regarding Regulatory and Risk related issues specializing in Basel III (CRDIV) matters (Pillar 1,2,3) and financial reporting of Investment Firms.