This paper analyses bank exit (ie reorganisation and liquidation) legislation in selected financial centres: New York, London, Frankfurt, Helsinki and Tokyo.The focus is on bank exit legislation applicable to commercial banks.The legislation is analysed from the perspective of bank stakeholders,...

This paper evaluates bank exit regimes in selected financial centres using econometric methods.The focus is on bank exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998-2002.Bank exit regimes are studied from the perspective of bank creditors and...

Macroprudential policies since the global financial crisis have been central to safeguarding financial stability. Despite the increasing use of multiple policy instruments, a detailed understanding of interactions among them is still needed to assess how instrument combinations can enhance the...