Cross-Border Bank Insolvency

Cross-Border Bank Insolvency PDF Author: Rosa Lastra
Publisher: OUP Oxford
ISBN: 9780199577071
Category : Law
Languages : en
Pages : 0

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Book Description
Bringing together distinguished insolvency and banking law experts, this book provides a unique analysis of the legal issues associated with cross-border bank insolvency in the light of the financial crisis, including aspects of economics and an inter-jurisdictional approach combining national, European, and international dimensions.

Cross-Border Bank Insolvency

Cross-Border Bank Insolvency PDF Author: Rosa Lastra
Publisher: OUP Oxford
ISBN: 9780199577071
Category : Law
Languages : en
Pages : 0

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Book Description
Bringing together distinguished insolvency and banking law experts, this book provides a unique analysis of the legal issues associated with cross-border bank insolvency in the light of the financial crisis, including aspects of economics and an inter-jurisdictional approach combining national, European, and international dimensions.

Research Handbook on Cross-Border Bank Resolution

Research Handbook on Cross-Border Bank Resolution PDF Author: Matthias Haentjens
Publisher: Edward Elgar Publishing
ISBN: 1786435985
Category : Law
Languages : en
Pages : 448

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Book Description
Since 2008, many countries across the globe have witnessed the introduction of new recovery and resolution regimes for banks. Whereas much may have been achieved on regional levels, this has not been perfect, and many global challenges remain unsolved. The Research Handbook on Cross-Border Bank Resolution analyses the strengths and weaknesses of the current regulatory framework for cross-border bank crises with contributions from eminent experts from the US, EU, Japan and China. The topic is addressed from both economic, and legal perspectives, with a special section devoted to real-life cases.

Cross-border Banking

Cross-border Banking PDF Author: Gerard Caprio
Publisher: World Scientific
ISBN: 9812568298
Category : Social Science
Languages : en
Pages : 491

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Book Description
Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. This volume discusses topics that include: the landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, and more. Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. It requires cooperation by regulatory authorities across jurisdictions and a clear delineation of authority and responsibility. That delineation is typically not present and regulatory authorities often have significantly different incentives to respond when cross-border-active banks encounter difficulties. Most of these issues have only begun to be seriously evaluated. This volume, one of the first attempts to address these issues, brings together experts and regulators from different countries. The wide range of topics discussed include: the current landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, safety net concerns, failure resolution issues, and the potential future evolution of international banking.

Resolution of Cross-Border Banks - A Proposed Framework for Enhanced Coordination

Resolution of Cross-Border Banks - A Proposed Framework for Enhanced Coordination PDF Author: International Monetary Fund. Legal Dept.
Publisher: International Monetary Fund
ISBN: 1498337260
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the “SFA Instrument”). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a subaccount within the SFA. This paper requests Executive Board approval to establish the AFRITAC Central subaccount under the terms of the SFA Instrument.

Recognition of Foreign Bank Resolution Actions

Recognition of Foreign Bank Resolution Actions PDF Author: Guo, Shuai
Publisher: Edward Elgar Publishing
ISBN: 1802200568
Category : Law
Languages : en
Pages : 352

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Book Description
This timely book offers a comprehensive study of the mechanism that gives effect to foreign bank resolution actions. In particular, it focuses on how the legal framework for the recognition of foreign bank resolution actions should be structured and proposes detailed legal principles on which effective frameworks should be based.

The Future of Cross-border Insolvency

The Future of Cross-border Insolvency PDF Author: Irit Mevorach
Publisher: Oxford University Press
ISBN: 0198782896
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
A fresh and insightful guide to post-financial crisis cross-border insolvency, this book interrogates the current regime and sets out a pattern to improve its future. In recent decades, and especially since the global financial crisis, a number of important initiatives have focused on developing effective solutions for managing the insolvency of multinational enterprises and financial institutions. Irit Mevorach here takes stock of the varying success of previous policy, and identifies the gaps and biases that could be bridged by a new approach.

The Legal Aspects of Bank Insolvency:A Comparative Analysis of Western Europe, the United States and Canada

The Legal Aspects of Bank Insolvency:A Comparative Analysis of Western Europe, the United States and Canada PDF Author: Eva Helene Gertrude Hüpkes
Publisher: Springer
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
Until recent years, formal bank insolvency proceedings were rare occurrences, with governments more often than not coming to the rescue of failing banks. As a result, few studies relating to bank failure have paid much attention to the regulatory framework for failing banks and the conduct of formal bank insolvency proceedings. However, in the aftermath of the Asian financial crisis, more attention has been focused on issues of bank insolvency. Structural reforms in the banking sector of various Asian countries, in particular the implementation of effective exit rules to expel insolvent and non-viable banks from the market, have been considered of primary importance to restoring confidence in the troubled banking sector. In addition, the ability of governments within the European Union to rescue insolvent banks has been significantly limited by strict rules on competition, suggesting that failing banks will become increasingly subject to insolvency proceedings. The Legal Aspects of Bank Insolvency compares the legal framework for dealing with insolvent banks in Western Europe, the United States and Canada, identifying the distinctive features of each regime and discussing the main issues and choices in dealing with failing banks. It also examines the implications of a cross-border bank insolvency, and considers different approaches to the problems it raises, including the supranational approach of the proposed European Directive on the Reorganization and Winding-up of Credit Institutions. This work will be of value to lawmakers, to consultants and scholars engaged in technical assistance work, and to those who advise the legislators and officials involved in devising a legal framework for bank insolvency. It will also be of interest to practitioners and in-house counsel working in the field of banking and corporate law.

Dead Firms

Dead Firms PDF Author:
Publisher: Emerald Group Publishing
ISBN: 178635313X
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
Why do firms die? This volume explores international and cross-disciplinary perspectives, carrying out a forensic examination of 'how and why' companies die in order to understand the lessons 'dead firms' may have to offer.

Going for Broke

Going for Broke PDF Author: Jean-Pierre Brun
Publisher: World Bank Publications
ISBN: 1464814392
Category : Law
Languages : en
Pages : 224

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Book Description
Going for Broke focuses on insolvency as an additional civil remedy in the arsenal of asset recovery practitioners, specifically in the context of grand corruption investigations and proceedings. The recovery of corruption proceeds is often sought through criminal prosecution and confiscation or civil lawsuits. Insolvency proceedings can also be an effective mechanism in the right circumstances, with their own advantages and disadvantages. The scenario that is most likely to benefit from this type of remedy is one in which bribes and stolen funds have been routed through special-purpose companies. This guidebook is intended as a practical tool to help policy makers, public officials, and those who have been entrusted with recovering their nations' stolen assets. It informs them about the ways that insolvency can be used to pursue proceeds of corruption. It may also serve as a quick reference for other practitioners: insolvency professionals, auditors, financial institutions, in-house counsel, and other professionals who deal with corruption.

Principles of Cross-border Insolvency Law

Principles of Cross-border Insolvency Law PDF Author: Reinhard Bork
Publisher:
ISBN: 9781780684307
Category : Bankruptcy
Languages : en
Pages : 0

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Book Description
Insolvency proceedings have increasingly cross-border effects, which are regulated by many international regulations. This book answers the fascinating question of what the underlying principles of international (cross-border) insolvency laws are and how they can be used for the purpose of further harmonising cross-border insolvency law in the EU and beyond.