Title The need for special resolution regimes for financial institutions : the case of the European Union / prepared by Martin Čihák and Erlend Nier

Published [Washington, D.C.] : International Monetary Fund, ©2009

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Description 1 online resource (29 pages) : illustrations Series IMF working paper, 2227-8885 ; WP/09/200 IMF working paper ; WP/09/200. Summary "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."--Abstract Notes At head of title: European Department "September 2009." Bibliography Includes bibliographical references (pages 28-29) Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL Print version record digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL Subject Financial institutions -- European Union countries Banking law -- European Union countries Moral hazard -- European Union countries Financial crises -- European Union countries Bank failures -- European Union countries Bank failures Banking law Financial crises Financial institutions Moral hazard Finanzsektor. Regulierung. Aufsichtsbehörde. EU-Staaten. European Union countries Form Electronic book Author Everaert, Luc, author. International Monetary Fund. European Department. ISBN 1282606530 9781282606531 1451983204 9781451983203 9781451873474 1451873476

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