Arbeitspapier
When trust is not enough: Bank resolution, SPE, Ring-fencing and group support
This discussion paper investigates the differences existing between the Single Point of Entry and the Multiple Point of Entry resolution models and links this question to the issue of support that bank subsidiaries can expect from their parent companies both in resolution and in normal insolvency proceedings. Given that parental support remains imperfect in these two resolution models, the paper concludes that existing safeguards aiming at preserving the corporate interests of subsidiaries remain needed and justified. The paper then identifies potential avenues that could be further explored to reinforce the support model and thereby reduce incentives to adopt ring-fencing measures.
- Sprache
-
Englisch
- Erschienen in
-
Series: NBB Working Paper ; No. 403
- Klassifikation
-
Wirtschaft
General Financial Markets: General (includes Measurement and Data)
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
Business and Securities Law
- Thema
-
Bank resolution
SPE
Banking crisis
bail-in
bankruptcy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dewatripont, Mathias
Montigny, Marie
Nguyen, Grégory
- Ereignis
-
Veröffentlichung
- (wer)
-
National Bank of Belgium
- (wo)
-
Brussels
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Dewatripont, Mathias
- Montigny, Marie
- Nguyen, Grégory
- National Bank of Belgium
Entstanden
- 2021