Bank recovery and resolution

Bank Recovery and Resolution' is a book that organises a highly complex legal system into patterns and action plans that can be applied in virtually any eventuality likely to arise in cases where bank business is of central significance. In light of the colossal efforts that have been made worldwide since 2008 to draft rules to prevent a reoccurrence of the disastrous financial events of that year, the bank business has been laid open to the intense public and government scrutiny, and regulation of banking has grown to astounding proportions. Surpassing the other measures taken, the EU Bank Recovery and Resolution Directive (BRRD) along with the Single Resolution Mechanism (SRM) and the Single Resolution Fund model a pivotal new pillar in the European Banking Union