institutional arrangements for cross-border bank resolution. The new framework, modeled after the FSB's "Key Attributes of Effective … provisions under both the Bank Recovery and Resolution Directive of 2014 and the Single Resolution Mechanism Regulation in the …

debate regarding (a) the creation of a European Deposit Insurance System (EDIS) and (b) the further harmonisation of bank …

This paper examines the negative externalities that may occur when a large bank fails, describes the nature of those … directed first at closing institutions promptly, reforming bankruptcy statutes to admit special procedures for handling bank …

bank resolution regimes. While such resolution regimes are welcome to reintroduce market discipline and reduce the reliance … need for a fiscal backstop to the financial system. For bail-in to work, it is important that bail-inable bank bonds are … working together, including in terms of sharing the burden of a potential bank bailout. The euro area has adopted the latter …

. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving 'too …

to fail. Failure of a bank may trigger formal insolvency (resolution) proceedings, if there is no available option to … save it as a going concern. Bank insolvency proceedings comprise various mechanisms, instruments, and transactions to … enable resolution authorities to properly deal with a failed bank. Bank restructuring within insolvency proceedings means …