Purpose – The purpose of this paper is to analyze the rationale for Bank Recovery and Resolution Funds (BRRFs) in the context of the present European Union's (EU) decentralized safety net. Design/methodology/approach – The paper makes some reflections on the governance aspects of BRRFs that...

Purpose – The purpose of this paper is to define the key components of an effective regulatory regime. Design/methodology/approach – The paper takes the form of a critical analysis. Findings – Regulatory arbitrage has been one of the major factors contributing to the severity of the...

Purpose – The purpose of this paper is to analyze the rationale for Bank Recovery and Resolution Funds (BRRFs) in the context of the present European Union's (EU) decentralized safety net. Design/methodology/approach – The paper makes some reflections on the governance aspects of BRRFs that...

Purpose – The purpose of this paper is to define the key components of an effective regulatory regime. Design/methodology/approach – The paper takes the form of a critical analysis. Findings – Regulatory arbitrage has been one of the major factors contributing to the severity of the...