European and Best Practice Bank Resolution Mechanisms : An Assessment and Recommendations for Policy and Legal Reforms

The process of bank resolution, or the procedure for handling insolvency of banks using a range of tools, including alternatives to standard bankruptcy processes, has gained major traction since the experience of the 2008-09 financial crisis. In th...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Other Financial Sector Study
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCESS TO DEPOSITS ACCOUNTING ACCOUNTING PERIOD ALLOCATION OF ASSETS ASSET MANAGEMENT ASSET VALUE ASSETS ASSUMPTION OF LIABILITIES AUTONOMY BAD ASSETS BALANCE SHEET BALANCE SHEETS BANK DEBT BANK FAILURE BANK FAILURES BANK INSOLVENCY FRAMEWORK BANK INSOLVENCY LAW BANK LIABILITIES BANK OWNERS BANKING INDUSTRY BANKING LAW BANKING LAWS BANKING SECTOR BANKING SERVICES BANKING SUPERVISION BANKRUPTCY BANKRUPTCY LAW BANKRUPTCY LAWS BANKRUPTCY PROCEEDINGS BANKRUPTCY PROCESSES BANKS CAPITAL ADEQUACY CAPITAL ADEQUACY REQUIREMENTS CAPITAL INJECTIONS CAPITAL REQUIREMENTS CENTRAL BANKS CLAIMANTS COLLATERAL COLLATERALIZATION COLLECTION EFFORTS COMPANY LAW COMPARATIVE LAW CONTRACTUAL SAVINGS CONTRACTUAL SAVINGS INSTITUTIONS CONVERSION OF DEBT CONVERSION OF DEBT TO EQUITY CORPORATE GOVERNANCE CORPORATE INSOLVENCY CORPORATE INSOLVENCY FRAMEWORK CORPORATE INSOLVENCY LAW CORPORATE INSOLVENCY PROCEEDING CREDIBILITY CREDIT INSTITUTION CREDIT INSTITUTIONS CREDIT UNIONS CREDITOR CREDITOR CLAIMS CROSS-BORDER INSOLVENCY DEBT DEBT HOLDERS DEBT INSTRUMENTS DEBT OBLIGATIONS DEPENDENT DEPOSIT DEPOSIT GUARANTEE DEPOSIT INSURANCE DEPOSIT INSURANCE AGENCIES DEPOSIT INSURANCE AGENCY DEPOSIT INSURANCE FUND DEPOSIT INSURANCE SCHEME DEPOSIT INSURER DEPOSITORS DEPOSITS DERIVATIVE DISCRETIONARY POWERS DISPOSITION DISTRESSED BANKS ECONOMIC CONDITIONS EQUITY INTEREST EQUITY RATIOS FAIR VALUATION FINAL LIQUIDATION FINANCIAL ASSETS FINANCIAL AUTHORITIES FINANCIAL CRISIS FINANCIAL DISTRESS FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL POSITION FINANCIAL REGULATION FINANCIAL REORGANIZATION FINANCIAL RESTRUCTURING FINANCIAL RISKS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STRUCTURE FINANCIAL SYSTEM FINANCIAL SYSTEMS FRAMEWORK FOR BANK INSOLVENCY GOING CONCERN GOING-CONCERN GUARANTEE FUNDS INSOLVENCIES INSOLVENCY INSOLVENCY LAW INSOLVENCY LAWS INSOLVENCY PRACTITIONERS INSOLVENCY PROBLEMS INSOLVENCY PROCEDURES INSOLVENCY PROCEEDING INSOLVENCY PROCEEDINGS INSOLVENCY REGIME INSOLVENCY RISKS INSOLVENT INSOLVENT BANK INSURANCE COMPANIES INSURANCE COMPANY INSURED DEPOSITS INTEREST OF DEPOSITORS INTERESTS OF CREDITORS JUDGES JUDGMENT JUDICIAL REVIEW JURISDICTION JURISDICTIONS LAST RESORT LAWS LEGAL FRAMEWORK LEGAL POWERS LEGAL PROVISIONS LEGAL REFORMS LEGISLATION LEGISLATIVE FRAMEWORKS LIABILITY LIQUIDATION LIQUIDATION OF ASSETS LIQUIDITY LOAN LOAN CLASSIFICATION LOAN PORTFOLIO LOAN PORTFOLIOS LOAN RECOVERIES LOSSES TO DEPOSITORS MANDATE MARKET DISCIPLINE MARKET MECHANISMS MARKET PARTICIPANTS MERGER MINISTRIES OF FINANCE MODERN BANKRUPTCY MORAL HAZARD MORTGAGE MORTGAGE DEBT NET LOSS NET LOSSES NET VALUE NEW BANKING ACT OFF BALANCE SHEET ORDERLY LIQUIDATIONS ORDINARY BANKRUPTCY PARTIAL TRANSFER PAYMENT OF CLAIMS PAYMENTS SYSTEM PENALTIES PIECEMEAL LIQUIDATION PRESENT VALUE PRIVATE INTERNATIONAL LAW PROBLEM BANKS PROMPT PAYMENT PROPERTY RIGHTS PROSPECTIVE BIDDERS PRUDENTIAL REQUIREMENTS PUBLIC POLICY PURCHASE AND ASSUMPTION TRANSACTION RECAPITALIZATION REGULATORY FORBEARANCE REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY INSOLVENCY REHABILITATION PLAN REHABILITATION PLANS REHABILITATION PROCEEDINGS REMEDIES REMEDY REORGANIZATION REORGANIZATION PROCEEDINGS RESOLUTION MECHANISMS RISK MANAGEMENT RISK TAKING RULE OF LAW SALARY SAVINGS SHAREHOLDER RIGHTS SOLVENT SOLVENT BANKS SUBSIDIARIES SUPERVISORY AGENCIES SUPERVISORY AUTHORITIES SUPERVISORY POWERS TECHNICAL ASSISTANCE TRANSFER OF ASSETS TREATMENT OF CREDITORS UNDERLYING ASSET UNDERLYING ASSETS UNSECURED CREDITORS VALUE OF ASSETS WINDING UP WRITE OFFS
Online Access:	http://documents.worldbank.org/curated/en/2012/03/16422290/european-best-practice-bank-resolution-mechanisms-assessment-recommendations-policy-legal-reforms http://hdl.handle.net/10986/12817