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

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 …As a response to the global financial crisis that started in 2008, many countries established dedicated resolution …

) on market dynamics. This impact can be seen as a consequence of the information content of the ratings themselves or … indirectly as a consequence of the "hardwiring" of ratings into regulatory rules, management mandates, bond covenants, etc …

The in-house credit assessment systems (ICASs) developed by euro area national central banks (NCBs) are an important … for small and medium-sized banks that lend primarily to small and medium-sized enterprises (SMEs). This ultimately leads …

of platform usage, the duration of registrations and the role of firms' ratings. On a regional level, we find a strong … duration of registration is highly influenced by negative ratings, which often lead to the respective firms leaving the … platform. Looking at ProvenExpert, the acquisition of positive ratings is a central function of the platform. Consequently, the …

, and the interaction with banks’ risk management, supervisory tools and statistical requirements. It also examines how the … application of fair value accounting to banks’ trading book has impacted their share price volatility. It is concluded that the …

-interest rate credit conditions and terms, the risk perception of banks and the willingness of banks to lend. Credit standards are … the internal guidelines or criteria of a bank which reflect the bank’s loan policy. The terms and conditions of a loan …

Following the adoption by the Basel Committee of new capital rules for banks, a process is now taking place in the EU …

loans and the spreads between the interest rates on loans granted by banks and the interest rates banks had to pay on their …

banks (rather than securities markets), which results in excessively volatile credit creation and lower economic growth …. Third, large universal banks - which perform a wide range of banking services, and are peculiarly common in Europe … - contribute more to systemic risk than small and narrowly focused banks. To deal with these problems, policymakers should consider …