The Polish Bank Insolvency Regime : Issues and Assumption Paper for the Design of an Upgraded Bank Resolution Framework

The bank insolvency framework in Poland should be modernized to ensure financial stability, maintain the continuity of critical functions in the banking system, and protect depositors and creditors, while assigning losses according to a pre-establi...

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Bibliographic Details
Main Author:	Pollner, John D.
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	ACCESS TO CREDIT ACCOUNTABILITY ACCOUNTING ADEQUATE LEGAL PROTECTION ADMINISTRATIVE ACTIONS ADMINISTRATIVE COSTS ADMINISTRATIVE POWERS ADMINISTRATIVE PROCEDURES ARRANGEMENT WITH CREDITORS ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET RATIO ASSET SALES ASSET VALUE ASSET VALUES ASSUMPTION OF LIABILITIES ASSUMPTION TRANSACTIONS AUDITING AUDITS BALANCE SHEET BALANCE SHEET INSOLVENT BALANCE-SHEET INSOLVENT BANK CREDITORS BANK FAILURE BANK INSOLVENCIES BANK INSOLVENCY BANK INSOLVENCY FRAMEWORK BANK INSOLVENCY REGIME BANK INSOLVENCY REGIMES BANK LIABILITIES BANK LIQUIDATION BANK RESTRUCTURING BANK RUN BANKING AUTHORITY BANKING LAW BANKING LAWS BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCIES BANKRUPTCY BANKRUPTCY CASES BANKRUPTCY LAW BANKRUPTCY PETITION BANKRUPTCY PROCEDURES BANKRUPTCY PROCEEDINGS BANKS BENEFIT OF CREDITORS BOOK VALUE CAPITAL ADEQUACY CAPITAL INJECTIONS CENTRAL BANKS CIVIL PROCEDURE CLAIM CLAIMANTS COMMERCIAL BANKS COMMERCIAL INSOLVENCY COMMERCIAL INSOLVENCY LAW COMMERCIAL INSOLVENCY LAWS COMPETITOR BANKS CONSOLIDATION CONTRACTUAL ARRANGEMENTS CONTRACTUAL RELATIONSHIPS COOPERATIVE BANKING COOPERATIVE BANKING SECTOR COOPERATIVE BANKS CORPORATE INSOLVENCY CORPORATE INSOLVENCY FRAMEWORK CORPORATE INSOLVENCY LAW CORPORATE INSOLVENCY PROCEEDING COURT PROCEEDINGS CREDIBILITY CREDIT INSTITUTIONS CREDITOR CREDITOR CLAIMS CREDITOR CLASSES CREDITORS DEBT DEBT OBLIGATION DEBTOR DECLARATION OF BANKRUPTCY DEPOSIT DEPOSIT GUARANTEE DEPOSIT INSURANCE DEPOSIT INSURANCE AGENCIES DEPOSIT INSURANCE AGENCY DEPOSIT INSURANCE FUND DEPOSIT INSURANCE FUNDS DEPOSIT INSURANCE SCHEMES DEPOSITOR DEPOSITORS DEPOSITS DERIVATIVES DISTRESSED BANKS ESTATE FEATURES OF INSOLVENCY LAW FEDERAL DEPOSIT INSURANCE FEDERAL DEPOSIT INSURANCE CORPORATION FINANCIAL CONTRACTS FINANCIAL INDICATORS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL STRUCTURE FINANCIAL SYSTEM FOREIGN BANKS FORMAL BANKRUPTCY GOING CONCERN GOING CONCERN VALUE GOOD FAITH GUARANTEE FUND ILLIQUIDITY IMMINENT INSOLVENCY IMPAIRED ASSETS INSOLVENCY FRAMEWORKS INSOLVENCY PROCEDURE INSTITUTIONAL FRAMEWORK INSUFFICIENT FUNDS INSURED DEPOSITS INTEREST RATES JUDGES JUDICIAL AUTHORITIES JUDICIAL POWERS JUDICIARY JURISDICTIONS LAST RESORT LAWS LEGAL FRAMEWORK LEGAL FRAMEWORKS LEGAL PROTECTION LEGAL REFORM LEGISLATION LIABILITY LIQUIDATION LIQUIDATION OF ASSETS LIQUIDATION PROCEDURES LIQUIDATION STAGE LIQUIDATIONS LIQUIDATOR LOAN LOAN ASSETS LOAN LOSS PROVISIONS MANDATE MARKET DISCIPLINE MARKET PARTICIPANTS MARKET VALUE MORAL HAZARD NEW LEGAL FRAMEWORK NONPERFORMING LOANS NUMBER OF BANK NUMBER OF CREDITORS OFF BALANCE SHEET OPEN BANK OPERATIONAL RISKS ORDINARY BANKRUPTCY PARTIAL TRANSFERS PAYMENT OF CLAIMS PERSONAL LIABILITY PRESENT VALUE PRIORITY OF CREDITOR PRIVILEGED CREDITOR PROCEDURES FOR INSOLVENCY PROFITABILITY PROPERTY RIGHTS PUBLIC FUNDS PUBLIC SERVICES PURCHASE AND ASSUMPTION TRANSACTIONS RECAPITALIZATION RECEIVER RECEIVERSHIP REGULATORY FORBEARANCE REGULATORY FRAMEWORK REGULATORY REPORTS REHABILITATION PLANS REORGANIZATION REORGANIZATION PLANS REORGANIZATION PROCEEDINGS SALARIES SALARY SALES OF ASSETS SETTLEMENT SETTLEMENT SYSTEMS SETTLEMENTS SHAREHOLDER RIGHTS SOLVENT BANKS STATE BANK SUBORDINATED DEBT SUBSIDIARIES SUBSIDIARY SUPERVISORY ACTION SUPERVISORY AUTHORITIES SUPERVISORY POWERS SYSTEMIC RISK TECHNICAL ASSISTANCE TIER 1 CAPITAL TRADITIONAL BANKRUPTCY TRUSTEE TYPES OF DEBT VALUE OF ASSETS VOLUNTARY LIQUIDATIONS WINDING UP WRITE OFFS
Online Access:	http://documents.worldbank.org/curated/en/807961468333885401/The-Polish-Bank-insolvency-regime-issues-and-assumptions-paper-for-the-design-of-an-upgraded-bank-resolution-framework http://hdl.handle.net/10986/26838