Micossi, Stefano; Bruzzone, Ginevra; Carmassi, Jacopo - Centre for European Policy Studies (CEPS) - 2013
This Policy Brief describes and discusses the proposals for a European Single Resolution Mechanism (SRM) for banks and for a Directive on Bank Recovery and Resolution (BRR). The authors find that the proposals are generally well designed and present a consistent approach, yet there is room for...