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

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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.