Uneven Progress in Implementing Cross-border Bank Resolution in the EU
Author | : Karel Lannoo |
Publisher | : |
Total Pages | : 8 |
Release | : 2017 |
ISBN-10 | : 9461386230 |
ISBN-13 | : 9789461386236 |
Rating | : 4/5 (236 Downloads) |
Download or read book Uneven Progress in Implementing Cross-border Bank Resolution in the EU written by Karel Lannoo and published by . This book was released on 2017 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Implementing the framework for cross-border bank resolution in the EU is a work in progress, but it is not necessarily proceeding in a consistent way. Three banks were recently resolved in the EU, in which the rules were applied in a different way in each case. These varying results suggest that there remain important differences in supervisory approaches in the EU that will continue to have a large bearing on how problem banks are dealt. This situation, in turn raises questions about ensuring a level playing field.