Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/163504 
Autor:innen: 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
SUERF Studies No. 2012/5
Verlag: 
SUERF - The European Money and Finance Forum, Vienna
Zusammenfassung: 
This paper focuses on the need for a lex specialis for resolution of insolvent banks and other financial institutions serving similar functions, and on requirements for making resolution procedures effective. After a review of the objectives of general insolvency law and the special characteristics of banks and the financial system, approaches to resolution procedures in a few “model countries” are described. The issues that require attention in legislation for resolution procedures are identified as the contagion issue, the valuation issue, the predictability issue, the information issue, the coverage issue, the funding issue and the cross-border issue. Complementary reforms of the financial architecture that would enhance the effectiveness of legislation for resolution procedures are discussed as well
Schlagwörter: 
insolvency
crisis resolution contagion
JEL: 
G01
G18
G28
ISBN: 
978-3-902109-65-1
Dokumentart: 
Research Report

Datei(en):
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