Public funding of failing banks in the European Union
Einde inhoudsopgave
Public funding of failing banks in the European Union (LBF vol. 19) 2020/6.6.3:6.6.3 Tension between the different rules
Public funding of failing banks in the European Union (LBF vol. 19) 2020/6.6.3
6.6.3 Tension between the different rules
Documentgegevens:
M. Louisse-Read, datum 01-06-2020
- Datum
01-06-2020
- Auteur
M. Louisse-Read
- JCDI
JCDI:ADS213837:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Staatssteun (V)
Deze functie is alleen te gebruiken als je bent ingelogd.
Another potential for tension is created by the fact that two sets of rules may have to be taken into account by the Commission when assessing State aid measures in the banking sector. These sets of rules are not always coherent, as could be seen in the example of precautionary guarantees and the exercise of the PONV conversion power (see section 6.5.1).
6.6.3.1 Lack of coherence between State aid regime and resolution framework6.6.3.2 State aid regime for the banking sector is outdated6.6.3.3 Lack of harmonisation of national insolvency proceedings