The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union
Download or Read eBook The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union PDF written by Mr.Martin Cihak and published by International Monetary Fund. This book was released on 2009-09-01 with total page 31 pages. Available in PDF, EPUB and Kindle.
| Author | : Mr.Martin Cihak |
| Publisher | : International Monetary Fund |
| Total Pages | : 31 |
| Release | : 2009-09-01 |
| ISBN-10 | : 9781451873474 |
| ISBN-13 | : 1451873476 |
| Rating | : 4/5 (74 Downloads) |
Book Synopsis The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union by : Mr.Martin Cihak
Book excerpt: The global financial crisis has demonstrated weaknesses in resolution regimes for financial institutions around the globe, including in the European Union (EU). This paper considers the principles underlying resolution regimes for financial institutions, and draws out how a well-designed resolution regime can expand the toolset available for crisis management. Introducing, or in some cases expanding the scope, of these regimes is pressing to achieve more effective responses to ongoing financial sector weaknesses across the EU.
