The post crisis regulatory framework has fostered the development of the market for contingent convertible bonds (CoCos). These instruments allow for loss-absorption as a going concern but their critics warn about their potential destabilizing effects in stress situations. We analyse the...

The post-crisis regulatory framework has fostered the development of the contingent convertible bonds (CoCos) market. These instruments permit banks to absorb losses as a going concern but their critics warn that they could have potentially destabilizing effects in stress situations. We analyse...

The aim of this paper is to present a comparative analysis of the Plateforme de la Filière Automobile and The British Automotive Council. The two operating structure were established respectively in France and UK to support the national automotive sectors at the dawn of the ongoing crisis. The...