The European legislator has recently proposed the introduction of a completely new regime for crisis management in the banking sector. This legislative initiative, once enacted, will bring about an unprecedented harmonization of European bank insolvency law. On 23 May 2013, the Hazelhoff Centre for Financial Law at Leiden Law School and the Netherlands Association for Comparative and International Insolvency Law (NACIIL) organized a conference on the highly topical theme of recovery and resolution of credit institutions and investment firms