In the aftermath of the global financial crisis the EU bank resolution regime went through fundamental changes that … rules applicable to non-financial enterprises. Unlike bank resolution with its macroprudential and proactive focus …, insolvency law has largely remained microprudential and reactive.Admittedly, unlike bank failures, corporate insolvencies usually …

of the regulation and remedies based on the level of systemic risk of the troubled entity. The paper differentiates … between the types of actions available and analyses in detail the instruments and their application. While the regulation is … institutions and instruments to tackle bank distress. Its most notable feature is the proportionality of measures and the …

. The European Central Bank, in its capacity as supervisory authority for systemically important banks, as well as the …

This paper investigates the impact of governance and regulation on systemic risk across a sample of banks from 10 … Emerging CEE countries during 2005-2012. Overall, our results show that tight internal risk management mechanisms and … shareholder-friendly supervisory boards are associated with higher contribution of banks to systemic risk. Additionally, external …

-2007), crisis (2008-2010), post-crisis (2011-2013) and normalcy (2014-2016). We find that risk metrics such as leverage and … premature to conclude that 'Too Big to Fail" has been solved, but macro-prudential regulation is now much more effective and …