In the aftermath of the global financial crisis, both resolution planning, i.e. contingency planning by both regulated institutions and public authorities in order to prepare their actions in financial crisis, and concepts for structural bank reform have been identified as possible solutions to...

The creation of the Banking Union is likely to come with substantial implications for the governance of Eurozone banks. The European Central Bank, in its capacity as supervisory authority for systemically important banks, as well as the Single Resolution Board, under the EU Regulations...

With its new Regulation on the Recovery and Resolution of Central Counterparties, European Capital Markets Law has filled an important void in the regulatory framework for the operation of central counterparties, which has been established with the EU Markets Infrastructures Regulation (EMIR) as...

By their very nature, resolution actions under the legal framework for the management of bank insolvencies created by the European Bank Recovery and Resolution Directive (BRRD) and the Regulation establishing the Single Resolution Mechanism (SRMR) come with infringements of rights of...

Preventing future bail-outs for large, systemically important banks while minimizing the repercussions of bank insolvencies on the stability of the financial system and the economy at large has become a key policy objective for international standard-setters as well as national and supranational...

Das vorliegende Arbeitspapier entwirft die Grundzüge eines Rechtsrahmens für Deutschland, der unter Berücksichtigung der einschlägigen gemeinschafts- und verfassungsrechtlichen Vorgaben die während der jüngsten Krise ersichtlich gewordenen Schwächen im Bereich des Umgangs mit...

In the aftermath of the global financial crisis, both resolution planning, i.e. contingency planning by both regulated institutions and public authorities in order to prepare their actions in financial crisis, and concepts for structural bank reform have been identified as possible solutions to...

Das Europäische Wirtschaftsrecht und die nationalen Wirtschaftsrechte haben während der Wirtschafts- und Währungskrise in den Mitgliedstaaten der Europäischen Währungsunion eine Bewährungsprobe durchlaufen. Diese haben sie teilweise nur unter erheblichen ad hoc -Anpassungen und um den...

Das vorliegende Arbeitspapier entwirft die Grundzüge eines Rechtsrahmens für Deutschland, der unter Berücksichtigung der einschlägigen gemeinschafts- und verfassungsrechtlichen Vorgaben die während der jüngsten Krise ersichtlich gewordenen Schwächen im Bereich des Umgangs mit...