Public funding of failing banks in the European Union
Einde inhoudsopgave
Public funding of failing banks in the European Union (LBF vol. 19) 2020/5:Chapter 5 The impact of the resolution framework on the access to public funding for failing banks
Public funding of failing banks in the European Union (LBF vol. 19) 2020/5
Chapter 5 The impact of the resolution framework on the access to public funding for failing banks
Documentgegevens:
M. Louisse-Read, datum 01-06-2020
- Datum
01-06-2020
- Auteur
M. Louisse-Read
- JCDI
JCDI:ADS225444:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Staatssteun (V)
Deze functie is alleen te gebruiken als je bent ingelogd.
“Even (…) enhanced resolution frameworks (…) cannot completely rule out the possibility that official financial intervention will be necessary in the future. Resolution tools aimed at resolving failing banks in an orderly and cost-efficient manner will typically require resolution financing, even if only temporarily. In a crisis, financing will often only be available from the official sector in sufficient amounts.”
Grünewald 2014, p. 29-30.
5.1 Introduction5.2 The concepts of EPFS and ELA5.3 Access to EPFS under the resolution framework5.4 Access to ELA under the resolution framework5.5 Access to public funding after the introduction of the resolution framework5.6 Conclusion