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 …

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 …

submit multiple differentiated bids. This resolution mechanism typically results in considerable losses for the FDIC-$90 … and/or multiple bidding. Our findings suggest that the FDIC could reduce the cost of resolution by around 17% by …

to implement the BRRD/SRMR, it should take the opportunity to reset expectations about resolution. Above all, resolution … - together with the backstop that the European Stability Mechanism provides to the Single Resolution Fund (SRF) -- for the …

This paper contributes to the debate on liquidity in resolution by providing a quantitative assessment of liquidity … gaps of banks in resolution in the euro area. It estimates possible ranges of liquidity gaps for significant banks under … different assumptions and scenarios. The findings suggest that, while the average liquidity gaps in resolution are limited, the …

As a response to the global financial crisis that started in 2008, many countries established dedicated resolution … banks in resolution. It examines the provision of liquidity in the United States, the United Kingdom, Japan, Canada and the …-level guarantee framework - which would allow access to Eurosystem liquidity for banks coming out of resolution with limited …