Can a tightening of the bank resolution regime lead to more prudent bank behavior? This policy paper reviews arguments for why this could be the case and presents evidence linking changes in bank resolution regimes with bank risk-taking. The authors find that the tightening of bank resolution in the U.S. (i.e., the introduction of the Orderly Liquidation Authority) significantly decreased overall risk-taking of the most affected banks. This effect, however, does not hold for the largest and most systemically important banks – too-big-to-fail seems to be unresolved. Building on the insights from the U.S. experience, the authors derive principles for effective resolution regimes and evaluate the emerging resolution regime for Europe
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
Financial difficulties at large financial institutions present governments and regulators with an un...
The paper analyses the public section of the 2015, 2016 and 2017 resolution plans of the eight large...
The European Union has recently introduced the Single Resolution Mechanism (SRM) to provide a consis...
The paper studies the effectiveness of bank resolutions using a comprehensive database on banks head...
markdownabstractIn the aftermath of the Great Financial Crisis, regulators have rushed to strengthen...
In the aftermath of the global financial crisis, both resolution planning, i.e. contingency planning...
The paper studies the effectiveness of bank resolutions using a comprehensive database on banks head...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
After the banking crisis, the European Union (EU) introduced a framework for the restructuring and o...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
Financial difficulties at large financial institutions present governments and regulators with an un...
The paper analyses the public section of the 2015, 2016 and 2017 resolution plans of the eight large...
The European Union has recently introduced the Single Resolution Mechanism (SRM) to provide a consis...
The paper studies the effectiveness of bank resolutions using a comprehensive database on banks head...
markdownabstractIn the aftermath of the Great Financial Crisis, regulators have rushed to strengthen...
In the aftermath of the global financial crisis, both resolution planning, i.e. contingency planning...
The paper studies the effectiveness of bank resolutions using a comprehensive database on banks head...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
After the banking crisis, the European Union (EU) introduced a framework for the restructuring and o...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
In many countries, legislators have introduced special bank resolution regimes in order to handle th...
Financial difficulties at large financial institutions present governments and regulators with an un...