Financial Crisis Management and Bank Resolution

Financial Crisis Management and Bank Resolution PDF Author: John Raymond LaBrosse
Publisher: Taylor & Francis
ISBN: 1000285898
Category : Law
Languages : en
Pages : 467

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Book Description
Financial Crisis Management and Bank Resolution provides an analysis of the responses to the recent crisis that has beset the international financial markets taking a top down approach looking at the mechanisms to manage a financial crisis, to the practicalities of dealing with the resolution of a bank experiencing distress. This work is an interdisciplinary analysis of the law and policy surrounding crisis management and bank resolution. It comprises contributions from a team of leading experts in the field that have been carefully selected from across the globe. These experts are drawn from the law, central banks, government, financial services and academia. This edited collection will provide a new and important contribution to the subject at a crucial time in the debate around banking resolution and crisis management regimes, and help to plug the gap in our knowledge and understanding of the law of bank resolution and restructuring.

Financial Crisis Management and Bank Resolution

Financial Crisis Management and Bank Resolution PDF Author: John Raymond LaBrosse
Publisher: Taylor & Francis
ISBN: 1000285898
Category : Law
Languages : en
Pages : 467

Get Book Here

Book Description
Financial Crisis Management and Bank Resolution provides an analysis of the responses to the recent crisis that has beset the international financial markets taking a top down approach looking at the mechanisms to manage a financial crisis, to the practicalities of dealing with the resolution of a bank experiencing distress. This work is an interdisciplinary analysis of the law and policy surrounding crisis management and bank resolution. It comprises contributions from a team of leading experts in the field that have been carefully selected from across the globe. These experts are drawn from the law, central banks, government, financial services and academia. This edited collection will provide a new and important contribution to the subject at a crucial time in the debate around banking resolution and crisis management regimes, and help to plug the gap in our knowledge and understanding of the law of bank resolution and restructuring.

Managing Systemic Banking Crises

Managing Systemic Banking Crises PDF Author: Ms.Marina Moretti
Publisher: International Monetary Fund
ISBN: 1513512277
Category : Business & Economics
Languages : en
Pages : 88

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Book Description
This paper updates the IMF’s work on general principles, strategies, and techniques from an operational perspective in preparing for and managing systemic banking crises in light of the experiences and challenges faced during and since the global financial crisis. It summarizes IMF advice concerning these areas from staff of the IMF Monetary and Capital Markets Department (MCM), drawing on Executive Board Papers, IMF staff publications, and country documents (including program documents and technical assistance reports). Unless stated otherwise, the guidance is generally applicable across the IMF membership.

Bank Resolution

Bank Resolution PDF Author: Jens-Hinrich Binder
Publisher: Oxford University Press, USA
ISBN: 9780198754411
Category : Law
Languages : en
Pages : 0

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Book Description
Responding to lessons learned during the global financial crisis, the EU Directive on the Recovery and Resolution of Banks and Securities Firms (the BRRD) has substantially changed the legal framework for insolvency management of financial services institutions across Europe. As the legislative process has been completed with the adoption of the BRRD, and of Regulation No 806/2014 establishing the Single Resolution Mechanism, this book offers a unique insight into the new European framework for the resolution of banks in distress. The chapters in this volume take stock of what has been achieved and present an insightful analysis of both the technical framework and its impact on banking institutions and their counterparties in representative forms of banking activities, including retail and wholesale depositors, counterparties to financial directives, and the providers of relevant parts of the market infrastructure. Special attention is given to the international coordination of resolution. The book's focus is on resolution and its impact on the relationships between banks, customers, other market participants and market infrastructure, including the preventative requirements on recovery and resolution planning under the BRRD. The chapters bring together a wide range of perspectives by scholars, practitioners from regulatory authorities and other parts of the financial safety net, as well as from private practice, from many jurisdictions, and both legal and economic backgrounds. Arranged broadly in line with the structure of the BRRD, the book is a highly useful reference for practitioners, policy-makers, and academics alike.

The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union

The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union PDF Author: Mr.Martin Cihak
Publisher: International Monetary Fund
ISBN: 1451873476
Category : Business & Economics
Languages : en
Pages : 31

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Book Description
The global financial crisis has demonstrated weaknesses in resolution regimes for financial institutions around the globe, including in the European Union (EU). This paper considers the principles underlying resolution regimes for financial institutions, and draws out how a well-designed resolution regime can expand the toolset available for crisis management. Introducing, or in some cases expanding the scope, of these regimes is pressing to achieve more effective responses to ongoing financial sector weaknesses across the EU.

Bank Resolution and Crisis Management

Bank Resolution and Crisis Management PDF Author: Simon Gleeson
Publisher:
ISBN: 9780191820298
Category : Bank failures
Languages : en
Pages :

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Book Description
A comprehensive and practical guide to the new resolution regimes and strategies for resolving banks, including coverage of the UK, European, U.S. and international frameworks. Providing expert analysis of the new resolution regimes and strategies, it explains the impact on banking and investment practice and transactions.

Lessons From Systemic Bank Restructuring

Lessons From Systemic Bank Restructuring PDF Author: Ms.Claudia Helene Dziobek
Publisher: International Monetary Fund
ISBN: 1451857780
Category : Business & Economics
Languages : en
Pages : 30

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Book Description
In recent decades, a wide range of countries have experienced banking problems. Their approaches to systemic bank restructuring have varied substantially. This paper analyzes a representative sample of 24 countries and provides a summary of policies judged to be successful. The sample countries were ranked by relative progress in resolving banking sector problems. Based on this ranking, the paper examines the effectiveness of institutional and regulatory measures, assesses the impact of accompanying macroeconomic policies, and examines the extent to which particular restructuring instruments contributed to success. Special emphasis is given to the role of the central bank.

Cyprus Bail-in, The: Policy Lessons From The Cyprus Economic Crisis

Cyprus Bail-in, The: Policy Lessons From The Cyprus Economic Crisis PDF Author: Alexander Michaelides
Publisher: World Scientific
ISBN: 1783268778
Category : Political Science
Languages : en
Pages : 365

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Book Description
On June 28th 2012, the small island of Cyprus became the fifth government to request an economic bail-out from the Eurozone after losing access to international capital markets. Less than a year later, a €10 billion second rescue deal was agreed upon — an unprecedented agreement that bailed in creditors of Cyprus' two largest banks, and triggered an economic crisis that the nation still struggles to recover from today.This resourceful collection of essays provides a thorough and in depth analysis of how Cyprus reached the point of failure and what lessons this experience holds for future economic crises. The various perspectives collectively address unanswered questions, including whether the bail-in can be considered successful, why the recession was less severe than expected, and what conclusions can be drawn about stress-testing exercises across borders.Focusing on one of the (proportionately) largest crises in financial history, the case study will prove essential to policy-makers and politicians, especially in the euro area.

An Overview of the Legal, Institutional, and Regulatory Framework for Bank Insolvency

An Overview of the Legal, Institutional, and Regulatory Framework for Bank Insolvency PDF Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1498336051
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
This study provides an overview of the legal, institutional, and regulatory framework that countries should put in place to address cases of bank insolvency. It is primarily intended to inform the work of the staffs of the International Monetary Fund (IMF) and World Bank, and to provide guidance to their member countries.

Resolution and Insolvency of Banks and Financial Institutions

Resolution and Insolvency of Banks and Financial Institutions PDF Author: Michael Schillig
Publisher: Oxford University Press, USA
ISBN: 9780198703587
Category : Law
Languages : en
Pages : 0

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Book Description
Discussing the legal mechanisms available in the EU and the United States to deal with banks and other financial institutions that are in financial distress, this book analyses the impact of the Bank Recovery and Resolution Directive looking at implementation in the UK and Germany, and uses US law as a comparative reference point.

From Bail-out to Bail-in

From Bail-out to Bail-in PDF Author: Virginia Skidmore Rutledge
Publisher: International Monetary Fund
ISBN: 1475503903
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.