Prudential requirements aim to make the financial sector more stable, while ensuring that it is able to support households, firms, and other end-users of financial services.
The EU provides a framework for authorities to manage bank failures effectively.
EU legislation protects deposits in case of bank failure.
A single bankruptcy procedure can be applied to credit institutions in all EU countries.
The EU is equipped with a deep and well‑established covered bonds market that constitutes a key source of cost‑effective and long‑term funding for European banks.