
Implementing the framework for cross-border bank resolution in the EU is a work in progress, but it is not necessarily proceeding in a consistent way. Three banks were recently resolved in the EU, in which the rules were applied in a different way in each case. These varying results suggest that there remain important differences in supervisory approaches that will continue to have a large bearing on how problem banks are dealt with across the EU. This situation, in turn, raises questions about the EU's commitment to ensuring a level playing field.
Page Count:
10
Publication Date:
2017-01-01
ISBN-10:
9461386230
ISBN-13:
9789461386236
No comments yet. Be the first to share your thoughts!