Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/102027 
Year of Publication: 
2014
Series/Report no.: 
SAFE White Paper No. 19
Publisher: 
Goethe University Frankfurt, SAFE - Sustainable Architecture for Finance in Europe, Frankfurt a. M.
Abstract: 
This essay reviews a cornerstone of the European Banking Union project, the resolution of systemically important banks. The focus is on the inherent conflict between a possible intervention by resolution authorities, conditional on a crisis situation, and effective prevention prior to a crisis. Moreover, the paper discusses the rules for bail-in debt and conversion rules for different layers of debt. Finally, some organizational requirements to achieve effective resolution results will be analyzed.
Subjects: 
Bank Recovery and Resolution Directive (BRRD)
Single Resolution Mechanism (SRM)
Bail-in
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
304.29 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.