Results 21 to 30 of about 629 (157)
Banking Union's accountability system in practice: A health check‐up to Europe's financial heart
European Law Journal, Volume 28, Issue 4-6, Page 187-217, July-November 2022., 2022 Abstract The Single Supervisory Mechanism (SSM) and Single Resolution Mechanism (SRM) form the Banking Union, which comprises EU authorities (ECB and SRB) and national authorities (NCAs and NRAs) with vast powers. Although crucial for its legitimacy, the Banking Union’s accountability is flawed, and not for the (stereo)typical reasons: accountability ...
Marco Lamandini, David Ramos Muñoz
wiley +1 more source
Stillborn Banking Union: Explaining Ineffective European Union Bank Resolution Rules†
JCMS: Journal of Common Market Studies, Volume 60, Issue 2, Page 264-282, March 2022., 2022 Abstract Our contribution demonstrates and explains the ineffectiveness of European Union (EU) bank resolution rules, a core element of Banking Union. This inadequacy owes in large part to the limited access to and insufficient availability of EU resolution funds and inadequate national deposit guarantee schemes in most EU member states, in conjunction
Ioannis Asimakopoulos, David Howarth
wiley +1 more source
International Insolvency Review, Volume 30, Issue 3, Page 361-382, Winter 2021., 2021 Abstract The European Union (EU) Preventive Restructuring Directive seeks to harmonise directors' duties with the goals of promoting early responses to financial distress and rescuing viable enterprises. However, due to the persistent differences in substantive laws and traditions of EU Member States – most notably concerning the recognition of group ...
Ilya Kokorin
wiley +1 more source
EU bank insolvency law harmonisation: What next?
International Insolvency Review, Volume 30, Issue 2, Page 239-266, Summer 2021., 2021 Abstract After the COVID‐19 crisis has subsided, the (further) harmonization of bank insolvency law will again be high on the agenda of EU regulators and policymakers. On the basis of an analysis of the status quo pain points, this article advocates the extension of the BRRD resolution regime to all bank failures, regardless of their systemic relevance.
Michael Schillig
wiley +1 more source
The Credit Suisse CoCo wipeout: Facts, misperceptions, and lessons for financial regulation
, 2023 Journal of Applied Corporate Finance, Volume 35, Issue 2, Page 66-74, Spring 2023.
Patrick Bolton +2 more
wiley +1 more source
Staggered completion of the European banking union:transposition dates of the BRRD
, 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.
Koetter, Michael +3 more
core +2 more sources
ROBUSTNESS OF THE BANK RESOLUTION FRAMEWORK IN THE EUROPEAN UNION
Copernican Journal of Finance & Accounting, 2017 The purpose of this article is to identify the key elements of resolution framework under the Single Resolution Mechanism (SRM) and to assess the robustness of the bank resolution framework in the European Union (EU).
Jan Pys
doaj +3 more sources
Do bond yields follow the hierarchy of risk post BRRD?
European Financial Management, 2020 AbstractWith a sample of 4,065 bonds issued by 63 banks from 12 euro area countries during 2013–2017, this study investigates how introducing bail‐in regulation has influenced bond yields in secondary markets, by distinguishing between non‐bail‐inable and different classes of bail‐inable bonds.
Doriana Cucinelli +2 more
openaire +4 more sources
Diversity and Distributions, Volume 26, Issue 12, Page 1767-1779, December 2020., 2020 Abstract Aim Species distribution models (SDMs) are widely used to forecast potential range expansion of invasive species. However, invasive species occurrence datasets often have spatial biases that may violate key SDM assumptions. In this study, we examined alternative methods of spatial bias correction and multiple methods for model evaluation for ...
Thomas A. Lake +3 more
wiley +1 more source
Annals of Public and Cooperative Economics, Volume 91, Issue 3, Page 359-386, September 2020., 2020 Abstract This article employs a new approach to address a key question in an expanding literature on European cooperative banks: are they still distinctive and sources of social innovation or did they suffer from organizational isomorphism throughout their history?
Hans Groeneveld
wiley +1 more source