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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law > Banking law
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The Resolution of Cross-Border Banking Crises in the European Union - A Legal Study from the Perspective of Burden Sharing (Hardcover)
Loot Price: R5,685
Discovery Miles 56 850
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The Resolution of Cross-Border Banking Crises in the European Union - A Legal Study from the Perspective of Burden Sharing (Hardcover)
Expected to ship within 10 - 15 working days
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Donate to Against Period Poverty
Total price: R5,695
Discovery Miles: 56 950
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Any policy aimed at resolution of a banking crisis determines which
constituents - depositors, creditors, shareholders, the banking
industry, and society as a whole - eventually bear the costs
associated with a banking crisis, thus giving rise to legitimacy
and accountability concerns. Rather than what the recent financial
crisis has engendered - mostly ad hoc reactions that socialize
losses but not profits - what is required, this incisive analysis
shows, is an equitable and viable resolution framework, based on
burden sharing, enshrined in law, and designed to deal with bank
failures in a way that balances private and public interests.
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