Author (Person) | Lehmann, Alexander |
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Author (Corporate) | European Parliament: European Parliamentary Research Service |
Publisher | European Union |
Series Title | EPRS In-Depth Analysis |
Series Details | PE 634.360 |
Publication Date | December 2019 |
Content Type | Report |
Abstract: This paper gives an overview of the seven aspects of resolvability defined in 2019 by the Single Resolution Board, and then assesses progress in two key areas, based on evidence gathered from public disclosures made by the 20 largest euro-area banks. The largest banks have made good progress in raising bail-in capital. Changes to banks’ legal and operational structures that will facilitate resolution will take more time. Greater transparency would make it easier to achieve the policy objective of making banks resolvable. |
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Source Link | Link to Main Source https://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_IDA(2019)634360 |
Subject Categories | Economic and Financial Affairs |
Subject Tags | Banking Union |
Keywords | Banks | Banking |