UNIDROIT launched consultation on Draft Legislative Guide on Bank Liquidation

UNIDROIT has launched a consultation in relation to the Draft Legislative Guide on Bank Liquidation, which aims at assisting legislators and policymakers in the design of effective bank liquidation regimes.

The purpose of the consultation is to raise awareness about the instrument, ensure that it is well-suited to application in different contexts, and seek feedback on whether it sufficiently addresses the private law issues that arise in bank liquidation proceedings.

The consultation will run for 16 weeks from 5 June until 25 September 2024.

For further information, including the Draft Legislative Guide itself, please see the dedicated webpage: https://www.unidroit.org/work-in-progress/bank-insolvency/draft-legislative-guide-on-bank-liquidation-public-consultation/.

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