Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/106966
Authors: 
Krahnen, Jan Pieter
Year of Publication: 
2013
Series/Report no.: 
SAFE Policy Letter 16
Abstract: 
This policy letter provides an overview of the strengths, weaknesses, risks and opportunities of the upcoming comprehensive risk assessment, a euro area-wide evaluation of bank balance sheets and business models. If carried out properly, the 2014 comprehensive assessment will lead the euro area into a new era of banking supervision. Policy makers in euro area countries are now under severe pressure to define a credible backstop framework for banks. This framework, as the author argues, needs to be a broad, quasi-European system of mutually reinforcing backstops.
Subjects: 
comprehensive assessment
banking supervision
euro area
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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