The Resolution of Cross-Border Banking Crises in the European Union —— A Legal Study from the Perspective of Burden Sharing

----- 欧盟跨境银行危机的决议：关于责任分担的法律思考

ISBN: 9789041149091 出版年：2014 页码：346 Grü newald, Seraina Neva Kluwer Law International

In the process she discusses such issues as the following: the systemic risk of bank failure; exit regimes for failing banks and banking groups; difficulties produced by the increasing cross-border activities and interconnectedness of the banking sector; resolution tools to minimize the losses of the official sector; the role of various authorities in resolving failing banks; the need for resolution authorities to have robust rules and a certain level of discretion; the potential sources of resolution financing; overcoming resistance to burden-sharing arrangements; the integration potential and political drawbacks of the emerging Banking Union; the deposit insurance responsibilities of Member States; European Central Bank monetary policy operations as a burden-sharing mechanism; and the geographic scope of resolution and burden-sharing regimes and implications for non-participating Member States and third countries. The significance of this topic for the European integration process cannot be overstated. Practitioners, academics, and officials in numerous areas of law and policy will benefit from the author’s unwavering focus on burden sharing as a means to facilitate the orderly resolution of cross-border banks in Europe.