The Bank Recovery and Resolution Law. Bank Recapitalization Regime (bail-in) and State Guarantee:
Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Pintea, Dumitru (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Chişinău [Moldova, Republic of] EXPERT-GRUP Centrul Analitic Independent 2016
Schlagworte:
Online-Zugang:BSB01
Beschreibung:The bail-in procedure is a relatively new one at global level. Actually, according to Directive 2014/59/UE, up until now no European financial institution was salvaged from bankruptcy through bail-in5. Considering the complexity of the Directive, the existing contraindications between European governments regarding the bail-in procedure, as well as the extremely strong lobby from international financial groups, certain reluctance in implementing the provisions is present in several European countries. However, the recent history notes the use of bail-in in the Cyprus banking crisis, and more specifically, in the recovery of the financial situation in two financial institutions with systemic impact
Beschreibung:1 Online-Ressource (9 Seiten)

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