Abstract
It has been said that the Bank Recovery and Resolution Package implied a regime change in EU banking sector policy – from bailout to bail-in. However, within the Banking Union, the resolution procedure with the bail-in was only adopted in one case. In the absence of a different interpretation of the requirements to access the resolution procedure, the latter ends up being limited to marginal hypotheses. In such a context, the regulatory framework instrumental to the resolution procedure is not free from criticism – it involves unjustified compliance costs and it seems not so effective in pursuing the rule maker’s goals.
Titolo tradotto del contributo | [Autom. eng. transl.] Towards the end of the bail-in? A critique of the European banking crisis management regime |
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Lingua originale | Italian |
pagine (da-a) | 59-75 |
Numero di pagine | 17 |
Rivista | BANCA IMPRESA SOCIETÀ |
Volume | 2021 |
Stato di pubblicazione | Pubblicato - 2021 |
Keywords
- Bail-in
- Bailout
- Banche
- Banking Crises
- Banks
- Crisi Bancarie
- Precautionary Recapitalisation
- Ricapitalizzazione Precauzionale