(2000), “Monetary policy in a new environment”, speech at a BIS Conference on “The new monetary policy environment”, Frankfurt am Main, 29 September. 15. For a related speech, see Schnabel, I. (2021),“From green neglect to green dominance?”, 3 March. 16. See Greenpeace (2021), “Greening the Eurosystem collateral framework”, March. 17. See Schoenmaker, D. (2021), “Greening Monetary Policy”, Climate Policy, January. 18.
The Directive lays down a number of preventive measures, together with rules for timely intervention and resolution, including the bail-in of bank creditors. A fund to be financed by the banks themselves will be earmarked for bank resolution.