Bail-ins and Bank Resolution in Europe: A Progress Report

The Centre for Economic Policy Research (CEPR) was founded in 1983 to enhance the quality of economic policy-making within Europe and beyond, by fostering high quality, policy-relevant economic research, and disseminating it widely to decision-makers in the public and private sectors. Drawing together the expertise of its Research Fellows and Affiliates, CEPR initiates, funds and coordinates research activities and communicates the results quickly and effectively to decision makers around the world. The Centre is an independent, non-profit organization and takes no institutional policy positions.

CEPR calls itself a 'thinknet' rather than 'think tank'. It is a distributed network of economists, who are affiliated with but not employed by CEPR, and who collaborate through the Centre on a wide range of policy-related research projects and dissemination activities.The 4th Special Report in the Geneva Reports on the World Economy series reviews the current status of bail-ins and bank resolution in Europe in 2017. It provides a critical comparison of the US and EU bank resolution rules, examines European banking failures, and makes a number of policy recommendations concerning governance, stress testing, cross-border issues and resolution of financial contracts