Impediments to resolvability of Banks. Banking Union Scrutiny. PE 634.360 2019 [PDF]
, 2019 This paper gives an overview of the seven aspects of resolvability defined in 2019 by the Single Resolution Board, and then assesses progress in two key areas, based on evidence gathered from public disclosures made by the 20 largest euro-area banks. The
Lehmann, Alexander
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Precautionary recapitalisation: time for a review? Bruegel Policy Contribution Issue n˚21 | July 2017 [PDF]
, 2017 While precautionary recapitalisation is a legitimate instrument for bank crisis management, the conditions set for it by BRRD (Bank Recovery and Resolution Directive) are restrictive and have so far been effective to prevent its inappropriate use on ...
Véron, Nicolas.
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A game theory approach to optimizing the banking and financial resolution framework [PDF]
Revista de Studii Financiare, 2018 Before the 2007-2008 financial crisis, credit institutions were assured (though not officially or formally) that if they were large enough they would be rescued with tax-payers’ money, an action also known as bail-out, denoting what became known as the ...
Gabriel Mitrache
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EU BANK RECAPITALISATION AND THE BAIL-IN OPTION: AN ANALYSIS OF THE EFFECTS OF MANDATORY BAIL-IN ON CREDITORS’ PROPERTY [PDF]
, 2016 As of 1 January 2016, all members of the European Union (EU) are required to have bail-in provisions as part of their national bank resolution and recapitalisation legislation.
Maguze, Tracy Chiyedza
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X-Ray Synchrotron Emitting Fe-Rich Ejecta in SNR RCW 86
, 2002 Supernova remnants may exhibit both thermal and nonthermal X-ray emission. We present Chandra observations of RCW 86. Striking differences in the morphology of X-rays below 1 keV and above 2 keV point to a different physical origin.
Allen G. E. +14 more
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End of the sovereign-bank doom loop in the European Union? The bank recovery and resolution directive [PDF]
, 2016 In this paper we examine the relationship between the default risk of banks and sovereigns, i.e. the 'doom-loop'. Specifically we try to assess the effectiveness of the implementation of the new recovery and resolution framework.
Covi, Giovanni, Eydam, Ulrich
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Overstating Moral Hazard: Lessons from Two Decades of Banking Crises [PDF]
, 2017 Over the past two decades a variety of banking system rescue approaches have been used, including in the 1997 Asian financial crisis, the 2008 global financial crisis, and the 2010 European debt crisis. By analysing the resolution of these crises as well
Arner, DW, Avgouleas, E, Gibson, E
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Fine-tuning the use of bail-in to promote a stronger EU financial system. CEPS Special Report No. 136/April 2016 [PDF]
, 2016 This paper discusses the application of the new European rules for burden-sharing and bail-in in the banking sector, in view of their ability to accommodate broader policy goals of aggregate financial stability.
Bruzzone, Ginevra +2 more
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JRC technical work supporting Commission second level legislation on risk based contributions to the (single) resolution fund [PDF]
, 2014 JRC supported the DG MARKT by developing quantitative analyses for the preparation of the second level legislation on bank contributions to be paid to the EU national Resolution Funds and to the Single Resolution Fund SRF for countries participating to ...
CANNAS GIUSEPPINA +3 more
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