View All

The Funding of Bank Resolution

David Mayes

The Recovery and Resolution Directive puts emphasis on the financing of a resolution coming from the private sector and those that have knowingly taken on the risks rather than on the taxpayer through a bail out, which has been the recent experience. This paper appraises the likely sources of financing should a large cross-border bank fail, particularly those that might be bailed in. It suggests that if the intention is to achieve a balance between the 'fairness' of the incidence and the minimizing of the impact on the real economy then a careful appraisal of the way the resolution tools are applied will be needed.

The abstracts and papers on this website reflect the views and opinions of the author(s). UACES cannot be held responsible for the opinions of others. Conference papers are works-in-progress - they should not be cited without the author's permission.