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EU Bank Insolvency Law Harmonization: What Next?

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EU Bank Insolvency Law Harmonization: What Next? / Schillig, Michael.

In: International Insolvency Review, 23.07.2020.

Research output: Contribution to journalArticle

Harvard

Schillig, M 2020, 'EU Bank Insolvency Law Harmonization: What Next?', International Insolvency Review.

APA

Schillig, M. (Accepted/In press). EU Bank Insolvency Law Harmonization: What Next? International Insolvency Review.

Vancouver

Schillig M. EU Bank Insolvency Law Harmonization: What Next? International Insolvency Review. 2020 Jul 23.

Author

Schillig, Michael. / EU Bank Insolvency Law Harmonization: What Next?. In: International Insolvency Review. 2020.

Bibtex Download

@article{83c9d93c49704293bf8aabc232f0c712,
title = "EU Bank Insolvency Law Harmonization: What Next?",
abstract = "After the COVID-19 crisis has subsided, the (further) harmonization of bank insolvency law will again be high on the agenda of EU regulators and policy makers. On the basis of an analysis of the status quo pain points, the paper advocates the extension of the BRRD resolution regime to all bank failures, regardless of their systemic relevance. This could be achieved by removing the public interest requirement as part of the resolution trigger. The ensuing consolidation would significantly reduce complexity and enhance the transparency and legitimacy of the EU crisis management framework.",
author = "Michael Schillig",
year = "2020",
month = jul,
day = "23",
language = "English",
journal = "International Insolvency Review",
issn = "1099-1107",

}

RIS (suitable for import to EndNote) Download

TY - JOUR

T1 - EU Bank Insolvency Law Harmonization: What Next?

AU - Schillig, Michael

PY - 2020/7/23

Y1 - 2020/7/23

N2 - After the COVID-19 crisis has subsided, the (further) harmonization of bank insolvency law will again be high on the agenda of EU regulators and policy makers. On the basis of an analysis of the status quo pain points, the paper advocates the extension of the BRRD resolution regime to all bank failures, regardless of their systemic relevance. This could be achieved by removing the public interest requirement as part of the resolution trigger. The ensuing consolidation would significantly reduce complexity and enhance the transparency and legitimacy of the EU crisis management framework.

AB - After the COVID-19 crisis has subsided, the (further) harmonization of bank insolvency law will again be high on the agenda of EU regulators and policy makers. On the basis of an analysis of the status quo pain points, the paper advocates the extension of the BRRD resolution regime to all bank failures, regardless of their systemic relevance. This could be achieved by removing the public interest requirement as part of the resolution trigger. The ensuing consolidation would significantly reduce complexity and enhance the transparency and legitimacy of the EU crisis management framework.

M3 - Article

JO - International Insolvency Review

JF - International Insolvency Review

SN - 1099-1107

ER -

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