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Pris: 3150 SEK exkl. moms  |  Responding to lessons learned during the global financial crisis, the EU Directive on the Recovery and Resolution of Banks and Securities Firms (the BRRD) has substantially changed the legal framework for insolvency management of financial services institutions across Europe. As the legislative process has been completed with the adoption of the BRRD, and of Regulation No 806/2014 establishing the Single Resolution Mechanism, this book offers a unique insight into the new European framework for the resolution of banks in distress.
The chapters in this volume take stock of what has been achieved and present an insightful analysis of both the technical framework and its impact on banking institutions and their counterparties in representative forms of banking activities, including retail and wholesale depositors, counterparties to financial directives, and the providers of relevant parts of the market infrastructure. Special attention is given to the international coordination of resolution. The book's focus is on resolution and its impact on the relationships between banks, customers, other market participants and market infrastructure, including the preventative requirements on recovery and resolution planning under the BRRD.
The chapters bring together a wide range of perspectives by scholars, practitioners from regulatory authorities and other parts of the financial safety net, as well as from private practice, from many jurisdictions, and both legal and economic backgrounds. Arranged broadly in line with the structure of the BRRD, the book is a highly useful reference for practitioners, policy-makers, and academics alike.
Table of Contents
1:Recovery and Resolution Planning: Reconfiguring Financial Regulation and Supervision, Dalvinder Singh
2:Resolution: Concepts, Requirements and Tools, Jens-Hinrich Binder
3:The Crisis Management Directive: An International Standards Perspective, Charles Enoch
4:Derivatives And Bail-In Under The EU Bank Recovery And Resolution Directive, Marc Benzler & Christian Hissnauer
5:The Implementation of the EU Bank Recovery and Resolution Directive's Derivative Bail-In Powers in the UK, Stephen Connelly
6:The Revision of The Credit Derivative Definitions in The Context of The Banking Recovery and Resolution Directive, Simon G. Grieser & Christian Mecklenburg-Guzman
7:Third Country Relations in the Directive Establishing a Framework for the Recovery and Resolution of Credit Institutions, Maria J. Nieto
8:BRRD and Third Countries Cooperation Mechanisms: Will They Be Effective?, Costanza Russo
9:The Bank Recovery and Resolution Directive in Context, Christos Hadjiemmanuil
10:The Funding of Bank Resolution, David G. Mayes
11:The Role of Deposit Insurance Post Implementation of the EU Recovery, Resolution and Deposit Guarantee Directives, John Raymond LaBrosse & David K. Walker
12:The European Deposit Guarantee Directive: A Domestic Perspective, Mathias Hanten
13:Single and Multiple Point of Entry: A US and UK Approach, Michael H. Krimminger
14:The Approaches to Bank Resolution: A Study of the UK and the U.S, Jeremy Jennings-Mares, Anna T.Pinedo, and Oliver Ireland
15:Resolution of Banks and the State Aid Regime, Ioannis Kokkoris & Rodrigo Olivares-Caminal
16:Financial Market Infrastructures In Stress Scenarios, Chryssa Papathanassiou | | |
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