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Bank Recovery and Resolution' is a book that organises a highly complex legal system into patterns and action plans … that can be applied in virtually any eventuality likely to arise in cases where bank business is of central significance … disastrous financial events of that year, the bank business has been laid open to the intense public and government scrutiny, and …
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lawmakers should weigh general welfare against this autonomy principle, especially as regards new European bank insolvency law …
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This paper analyzes the bail-in tool under the Bank Recovery and Resolution Directive (BRRD) and predicts that it will … establishing adequate market discipline through risk-reflecting prices for bank capital. The main reason for this lies in the … bank’s balance sheet should be subjected to bail-in is misguided. Instead, a concentration of PSI in instruments that fall …
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through risk-reflecting prices for bank capital. The main reason for this lies in the avoidable embeddedness of the BRRD … approach that seeks to disentangle private sector involvement as a precondition for effective bank-resolution as much as …
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