Topic
Bail-in
42 published works
Global Regulation Tomorrow
Podcast | Banks M&A “bitesize”: Episode 1 – Bail in clauses
By Jochen Vester (UK), Alan Bainbridge (UK)
Introducing DealPoint: Banks M&A Bitesize, our new podcast series which takes a short, focused look at some of the legal and regulatory issues that can shape bank M&A transactions. In…
Free Writings + Perspectives
SEC No-Action Letter on Bail-In Securities
By Marc Leong, Ryan Castillo, Matthew Bisanz
On July 8, 2026, the staff (the “Staff”) of the Division of Corporation Finance (the “Division”) of the Securities and Exchange Commission (the “SEC”) issued a no-action letter (the “No-Action…
Banking, Finance and Securities
Bail-in – BaFin issues revised circular
By Susanne Storjohann, Jochen Vester (UK), Michael Born (DE)
On November 13, 2025, the German regulator, the Federal Financial Supervisory Authority (BaFin), issued version 5 of its Circular MaBail-in in the context of the resolution of institutions. The aim…
Banking, Finance and Securities
SRB Guidance – Minimum bail-in data template
By Simon Lovegrove (UK), Michael Born (DE)
On 5 November 2024, the Single Resolution Board (SRB) issued guidance on the minimum bail-in data template. The guidance provides for an integrated approach for implementing the SRB’s bail-in operational…
Global Regulation Tomorrow
SRB document on bail-in approach
By Simon Lovegrove (UK), Michael Born (DE)
On 26 June 2024, the Single Resolution Board (SRB) published a document that outlines elements of bail-in execution in the Banking Union that are of a general nature or fall…
Global Regulation Tomorrow
SRB consultation on the minimum bail-in data template
By Simon Lovegrove (UK), Michael Born (DE)
On 13 March 2024, the Single Resolution Board (SRB) issued a public consultation on the minimum bail-in data template (MBDT). The consultation is part of the SRB’s collaboration with the…
The CLS Blue Sky Blog
Cleary Gottlieb Discusses How U.S. Securities Laws Apply to a Bail-In of UK or European Bank
By Andrew Bernstein, John Brinitzer, Amelie Champsaur, David Gottlieb, Sarah Lewis
On October 10, 2023, the Financial Stability Board (the “FSB”) published a report (the “FSB Report”)[1] that examined the international resolution framework as applicable to global systemically important banks (“G-SIBs”). In…
The CLS Blue Sky Blog
The Bail-In of Credit Suisse CoCos: Why Principal Write-Down Made Sense
Credit Suisse (CS) was sold to UBS on March 19, 2023, to avoid its further deterioration from long-lasting distress and widespread distrust, especially after the collapse of Silicon Valley Bank.…
Global Regulation Tomorrow
Updated SRB guidance documents for bail-in operationalisation
On 15 June 2022, the Single Resolution Board (SRB) updated its operational guidance to banks on the implementation of the bail-in tool. Specifically, the SRB has updated its guidance on…
Global Regulation Tomorrow
FSB illustrates practical approaches to the execution of bail-in
On 13 December 2021, the Financial Stability Board (FSB) published a paper on the execution of bail-in. Bail-in is at the core of resolution strategies for global systemically important banks…