Resolution: Concepts, Requirements and Tools

Jens-Hinrich Binder and Dalvinder Singh (eds.), Bank Resolution: The European Regime, Oxford University Press, 2015/2016, Forthcoming

30 Pages Posted: 24 Sep 2014 Last revised: 10 Jul 2015

See all articles by Jens-Hinrich Binder

Jens-Hinrich Binder

Eberhard-Karls-University - Faculty of Law

Date Written: September 22, 2014

Abstract

With a harmonised 'toolbox' of instruments for the resolution of banking institutions, the European Bank Recovery and Resolution Directive of 2014 (Directive 2014/59/EU, "BRRD") significantly widens the range of policy options available to national resolution authorities in accordance with international best practice. This paper, prepared for a conference volume to be published in 2015, analyses the harmonised toolbox in the light of the academic literature on bank resolution published both before and in reaction to the global financial crisis. The focus is on the relevant policy objectives, conditions and requirements for resolution, and the five resolution tools prescribed by the BRRD, i.e., the sale of business, bridge institutions, asset separation and bail-in tools.

Keywords: Bank resolution, BRRD, transfer mechanism, bridge institution, asset management companies, bail-in

JEL Classification: G21, G33, K23, K29

Suggested Citation

Binder, Jens-Hinrich, Resolution: Concepts, Requirements and Tools (September 22, 2014). Jens-Hinrich Binder and Dalvinder Singh (eds.), Bank Resolution: The European Regime, Oxford University Press, 2015/2016, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2499613 or http://dx.doi.org/10.2139/ssrn.2499613

Jens-Hinrich Binder (Contact Author)

Eberhard-Karls-University - Faculty of Law ( email )

Geschwister-Scholl-Platz
Tuebingen, 72074
Germany
++49-(0)-7071-29-76119 (Phone)
++49-(0)-7071-29-35283 (Fax)

HOME PAGE: http://www.jura.uni-tuebingen.de/professoren_und_dozenten/binder

Register to save articles to
your library

Register

Paper statistics

Downloads
688
Abstract Views
2,268
rank
37,522
PlumX Metrics