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include safeguards to protect client assets in the event of a depositary’s insolvency and also address remuneration practices … the new remuneration rules are sound, addresses the concern that the UCITS V remuneration restrictions could make it … – From an institutional point of view, deferred remuneration systems will require credit institutions, as well as investment …
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Flows of funds run by banks or by firms that belong to the same financial group as a bank are less volatile and less sensitive to bad past performance. This enables bank-affiliated funds to better weather distress and to hold lower precautionary cash buffers in comparison with their unaffiliated...
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Insolvency law faces the challenge of properly liquidating insolvent estates. To achieve this, insolvency … representatives need to be skilled, and paid. Countries have adopted different models for compensating insolvency representatives who … liquidate estates. While a proper insolvency funding mechanism is important, the topic has received little scholarly attention …
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