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  • Resolution and Insolvency of Banks and Financial Institutions

    Resolution and Insolvency of Banks and Financial Institutions by Schillig, Michael;

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      • Publisher's listprice GBP 267.50
      • The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.

        127 798 Ft (121 712 Ft + 5% VAT)
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    127 798 Ft

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    Availability

    Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
    Not in stock at Prospero.

    Why don't you give exact delivery time?

    Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.

    Product details:

    • Publisher OUP Oxford
    • Date of Publication 10 March 2016

    • ISBN 9780198703587
    • Binding Hardback
    • No. of pages576 pages
    • Size 247x182x36 mm
    • Weight 1146 g
    • Language English
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    Categories

    Short description:

    The book discusses the legal mechanisms available in the EU and the United States to deal with banks and other financial institutions that are in financial distress. It analyses the impact of the Bank Recovery and Resolution Directive looking at implementation in the UK and Germany, and uses US law as a comparative reference point.

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    Long description:

    This book provides a detailed analysis and critical assessment of the EU and US resolution regimes for banks and financial institutions on a comparative basis.

    The book analyses the EU legal framework under the Bank Recovery and Resolution Directive, and considers the challenges in national implementation through the two largest economies within the EU, Germany and the UK. The very influential laws of the US, (Securities Investor Protection Act 1970, and the Wall Street Reform and Consumer Protection Act: Dodd-Franck) are used as a comparative reference point.

    Through analysis of the new EU framework and of the more mature system in the US, the book considers whether and to what extent the EU framework and national regimes contribute to ensuring resolvability of financial institutions, how their efficacy may be increased with a view, in particular, to the resolution of cross border groups, and what the future may hold, especially in respect of a single European resolution authority.

    The book is a great reference on bank resolution for academics and practitioners. It provides a thorough and in-depth discussion of resolution regimes and tools, covering a wide range of issues that have not yet been examined in the literature.

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    Table of Contents:

    Part I: Crisis Management in Context
    Financial Reform after the Crisis: An Overview
    Financial Stability, Systemic Risk and Taxpayers' Money ? The Rationale for a Special Resolution Regime
    Banking Sector and Corporate Structures - the Scope of the Recovery and Resolution Frameworks
    Judicial Review
    Part II: Preparation and Prevention
    Institutional Architecture
    Recovery and Resolution Planning
    Early Intervention
    Part III: Resolution Tools and Powers
    Overview and General Preconditions
    Private Sector Transfer, Bridge Bank and Asset Separation
    Bail-in/Debt Write Down
    Deposit Insurance and Resolution Funding
    Part IV: Bank Insolvency Procedures
    Resolution and Corporate Insolvency
    Corporate Rescue and Reorganisation
    Winding Up and Liquidation
    Part V: The International Dimension
    The International Dimension - Cross-Border Groups

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