Results 111 to 120 of about 629 (157)

The Role of Hybrid Securities in the BRRD

2016
The BRRD is a cornerstone of the single European bank resolution mechanism. Such a mechanism is urgently needed, as financial institutions conduct their business on a cross-border or even a pan-European basis, while legislation of member states differs significantly on insolvency issues.
Kamil Liberadzki
exaly   +2 more sources

Staggered completion of the European Banking Union: Transposition dates of the BRRD. Data record description

, 2021
In May 2014, the European Commission published the Bank Recovery and Resolution Directive (BRRD). The directive introduces rules on bank resolution and restructuring including a bailin tool. It constitutes the legal foundation underlying the Single Resolution Mechanism (SRM).
Koetter, Michael, Krause, Thomas, Sfrappini, Eleonora, Tonzer, Lena   +3 more
openaire   +2 more sources

The Implementation of the BRRD in Italy and its First Test: Policy Implications

Journal of Financial Regulation, 2016
Eleven months after the deadline, in November 2015, Italy implemented the Bank Recovery and Resolution Directive. The detailed structure of the Directive drove most of the choices, but the Italian implementing acts are overall clearer than the Directive, especially in outlining the sequence of decisions that the competent authorities and the resolution
exaly   +2 more sources

BRRD credibility and the bank-sovereign nexus

Applied Economics Letters, 2023
We investigate the effectiveness of the Bank Recovery and Resolution Directive (BRRD) in mitigating the bank-sovereign nexus in the Euro Area. Using CDS spreads to measure bank and sovereign credit risk and a DCC-MIDAS model capturing the long-term ...
Thomas Present, Martien Lamers, Rudi Vander Vennet   +2 more
exaly   +1 more source

The first application of the BRRD: the case of the four banks in resolution

2022
Giuseppe Boccuzzi
exaly   +2 more sources

Bank Resolution Before BRRD

Mário Coutinho dos Santos, Nuno Garoupa
exaly   +2 more sources

Bank Recovery and Resolution Directive (BRRD)

2020
Abstract This chapter looks at the BRRD. The UK recovery and resolution regime is set out primarily in the Banking Act 2009. At an EU level, recovery and resolution tools are set out in the BRRD and its associated delegated acts, technical standards, and guidelines, a significant portion of which is directly effective in the UK.
Jan Putnis, Chris Hurn
openaire   +1 more source

Verplichte clausules in overeenkomsten met banken: de ‘stay’-clausule uit hoofde van BRRD II

Maandblad voor Vermogensrecht, 2021
Verplichte clausules in overeenkomsten met banken: de ‘stay’-clausule uit hoofde van BRRD II Banken en beleggingsondernemingen zijn sinds 2015 verplicht om in niet-EU-contracten een contractuele afwikkelbaarheidsclausule ( bail-in -clausule) op te nemen.
S. Uiterwijk, G. Hasami
openaire   +1 more source

The Architecture of the Brrd—a UK Perspective

2020
Abstract The UK was one of the few EU countries to have a fully developed bank resolution legislative scheme in place prior to the Bank Resolution and Recovery Directive (‘BRRD’), and the architecture of the BRRD owes much to the UK model.
openaire   +1 more source

The Recovery Framework in the BRRD and its Effectiveness

SSRN Electronic Journal, 2015
The EU has made great endeavors in establishing a bank resolution procedure after the global financial crisis (GFC). In April 2014 the directive on establishing a framework for the recovery and resolution of credit institutions and investment firms (referred to as The Bank Recovery and Resolution Directive, the BRRD) was finally adopted, which set up ...
openaire   +1 more source