Huertas, Thomas - In: Journal of Financial Perspectives 1 (2013) 3, pp. 93-109
amounts to a pre-pack reorganization of the bank that the resolution authority can implement over a weekend, if the bank … liquidity to the bank-in-resolution. Creating such a pre-pack solution should form the core of the resolution plans that … for the possibility that resolution may be required. The paper concludes with an agenda for action to ensure that too big …