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The Directive on Restructuring and Insolvency sets minimum standards for restructuring and certain insolvency matters … restructuring models in Europe. These options reveal different policy approaches to the regulation of restructuring and insolvency …
Persistent link: https://www.econbiz.de/10013306802
The modernization of Italy's insolvency framework has been the subject of much interest in recent years, related not … least to its role in potentially facilitating an efficient allocation of resources. A unique feature of Italy's insolvency … folding the special regime into the general insolvency regime, possibly with provisions to allow for state intervention in …
Persistent link: https://www.econbiz.de/10012909405
the efficiency of insolvency and enforcement processes. Traditionally, these processes in Italy have taken very long … explores the recent insolvency and enforcement reforms and the remaining challenges. These reforms introduce important positive …
Persistent link: https://www.econbiz.de/10012977835
frameworks to flatten the insolvency curve, ensuring that adequate financing is available to support corporate restructuring, and …
Persistent link: https://www.econbiz.de/10013243068
implementing a number of reforms, aimed among others at speeding up insolvency and enforcement proceedings, strengthening bank …
Persistent link: https://www.econbiz.de/10012977833
Giving stress tests a macroprudential perspective requires (i) incorporating general equilibrium dimensions, so that the outcome of the test depends not only on the size of the shock and the buffers of individual institutions but also on their behavioral responses and their interactions with...
Persistent link: https://www.econbiz.de/10013016612
Giving stress tests a macroprudential perspective requires (i) incorporating general equilibrium dimensions, so that the outcome of the test depends not only on the size of the shock and the buffers of individual institutions but also on their behavioral responses and their interactions with...
Persistent link: https://www.econbiz.de/10013019833