This presentation addresses the liquidity problem a failing bank faces and how resolution procedures can contribute to the mitigate this problem and the risk of contagion. The Orderly Liquidation Procedures in Dodd-Frank are discussed

Stress testing proved to be an effective crisis fighting tool in the Great Financial Crisis and has since become widely used by regulators and financial institutions to test resilience to financial and economic shocks. This served two objectives: (1) to identify and remediate banks with a...

Artículo de revista ; This article contains the discussion made by Richard Herring after the presentation of the panel based on the book The Countercyclical Provisions of the Banco de España (2000-2016), that took place in Madrid at the first Conference on Financial Stability. This Conference...

This article examines the challenge of financial policymaking from the perspectives of what is known, unknown and unknowable about the financial system. It focuses on policy challenges during the Great Recession and changes in regulations in response to lessons drawn from the global financial...