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We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends on the comparison between the assessment of the banking union attractiveness and the robustness of a national safety net. The benefits of opting-in are still only potential and...
Persistent link: https://www.econbiz.de/10011622968
regulation in 2021 on the framework for the recovery and resolution of central counterparties. The regulation is based on the … bank recovery and resolution directive of 2014. This paper provides a critical overview of the new regulation by focusing … on the question of whether the bank resolution tools are useful and effective in the case of central counterparty …
Persistent link: https://www.econbiz.de/10014523282
Artículo de revista ; Most of the amendments to prudential and resolution legislation introduced in the European Union … prompted the adoption of the Basel III framework in the EU. They also give continuity to the resolution framework introduced in … 2014 to ensure the orderly resolution of non-viable banks, minimising the repercussions of banking crises on the real …
Persistent link: https://www.econbiz.de/10013210158
in the banking sector. The Single Resolution Board, as the banking union’s central resolution authority, is a key element …
Persistent link: https://www.econbiz.de/10014502648
We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends on the comparison between the assessment of the banking union attractiveness and the robustness of a national safety net. The benefits of opting-in are still only potential and...
Persistent link: https://www.econbiz.de/10011448027
so, is the resolution regime in the Euro-area ready to respond? No, for banks may not have the right amount of the right …-in work. To do so, banks would pay - possibly via the contributions they make to the Single Resolution Fund - a commitment fee …
Persistent link: https://www.econbiz.de/10012313804
The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the conference was to focus on the regulatory reforms after the global financial crisis and, in particular, how structural reforms of banking ("Volcker, Vickers and Liikanen") could...
Persistent link: https://www.econbiz.de/10011689964
To protect retail investors from the bail-in rule, we propose that banks should issue subordinated "contractual bail-in instruments", as defined in the BRRD, for an amount (together with Tier1 capital) at least equal to 8% of their liabilities. We support our argument by means of a theoretical...
Persistent link: https://www.econbiz.de/10011739626
Persistent link: https://www.econbiz.de/10000158846
Persistent link: https://www.econbiz.de/10000447105