An Overview of the Legal, Institutional, and Regulatory Framework for Bank Insolvency

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498336051
Total Pages : 77 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis An Overview of the Legal, Institutional, and Regulatory Framework for Bank Insolvency by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book An Overview of the Legal, Institutional, and Regulatory Framework for Bank Insolvency written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2009-04-17 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides an overview of the legal, institutional, and regulatory framework that countries should put in place to address cases of bank insolvency. It is primarily intended to inform the work of the staffs of the International Monetary Fund (IMF) and World Bank, and to provide guidance to their member countries.

The Legal Aspects of Bank Insolvency:A Comparative Analysis of Western Europe, the United States and Canada

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Author :
Publisher : Springer
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Legal Aspects of Bank Insolvency:A Comparative Analysis of Western Europe, the United States and Canada by : Eva Helene Gertrude Hüpkes

Download or read book The Legal Aspects of Bank Insolvency:A Comparative Analysis of Western Europe, the United States and Canada written by Eva Helene Gertrude Hüpkes and published by Springer. This book was released on 2000-09-08 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until recent years, formal bank insolvency proceedings were rare occurrences, with governments more often than not coming to the rescue of failing banks. As a result, few studies relating to bank failure have paid much attention to the regulatory framework for failing banks and the conduct of formal bank insolvency proceedings. However, in the aftermath of the Asian financial crisis, more attention has been focused on issues of bank insolvency. Structural reforms in the banking sector of various Asian countries, in particular the implementation of effective exit rules to expel insolvent and non-viable banks from the market, have been considered of primary importance to restoring confidence in the troubled banking sector. In addition, the ability of governments within the European Union to rescue insolvent banks has been significantly limited by strict rules on competition, suggesting that failing banks will become increasingly subject to insolvency proceedings. The Legal Aspects of Bank Insolvency compares the legal framework for dealing with insolvent banks in Western Europe, the United States and Canada, identifying the distinctive features of each regime and discussing the main issues and choices in dealing with failing banks. It also examines the implications of a cross-border bank insolvency, and considers different approaches to the problems it raises, including the supranational approach of the proposed European Directive on the Reorganization and Winding-up of Credit Institutions. This work will be of value to lawmakers, to consultants and scholars engaged in technical assistance work, and to those who advise the legislators and officials involved in devising a legal framework for bank insolvency. It will also be of interest to practitioners and in-house counsel working in the field of banking and corporate law.

Financial Institutions Answer Book

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Publisher :
ISBN 13 : 9781402428555
Total Pages : 522 pages
Book Rating : 4.4/5 (285 download)

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Book Synopsis Financial Institutions Answer Book by : Stuart G. Stein

Download or read book Financial Institutions Answer Book written by Stuart G. Stein and published by . This book was released on 2017-08 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Institutions Answer Book provides, in a handy Q&A format, a comprehensive overview of the complex federal requirements regulating financial institutions in the United States. Every aspect of a financial institution life cycle is covered, from understanding the differences in regulation based on what type of charter is chosen, through ongoing capital and deposit activities requirements and major changes in corporate control, to the cessation of entity activity through merger, acquisition or entity failure. Financial Institutions Answer Book describes the requirements under each type of charter for the major areas of financial institution activity, such as: The creation of branch offices and deposit activityCorporate governanceExecutive compensationDeposit insurance requirementsInsider and affiliate transactionsAnti-money laundering and U.S. trade sanctionsExamination and auditPrivacy and data securityReflecting the increased federal concern with fraud, money laundering and protecting the federal taxpayer from bank defaults, individual chapters are devoted to describing in detail the federal enforcement agencies and their powers, anti-money laundering and other fraud issues, the required examinations and audit process, and recent regulatory approaches to problem banks and failure. Published in a handy softcover volume, Financial Institutions Answer Book is a source for quick, concise answers and will be of interest to lawyers and other legal professionals, as well as financial institution managers, officers, directors and other employees who would like a comprehensive understanding of the legal framework regulating banks and other financial institutions.

Financial Institutions

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Publisher :
ISBN 13 : 9780433451433
Total Pages : 230 pages
Book Rating : 4.4/5 (514 download)

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Book Synopsis Financial Institutions by : Christopher C. Nicholls

Download or read book Financial Institutions written by Christopher C. Nicholls and published by . This book was released on 2008-10 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In particular, the book explores the regulation of banks and other deposit-taking institutions, insurance companies and securities firms, and includes analysis of the recent credit market crisis and the subsequent regulatory responses."--publisher.

Research Handbook on Corporate Restructuring

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Publisher : Edward Elgar Publishing
ISBN 13 : 1786437473
Total Pages : 584 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Research Handbook on Corporate Restructuring by : Omar, Paul J.

Download or read book Research Handbook on Corporate Restructuring written by Omar, Paul J. and published by Edward Elgar Publishing. This book was released on 2021-08-27 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Research Handbook examines the increasingly economically vital topic of corporate restructuring. Reflecting a shift in the global approach to insolvency towards a focus on rescuing viable businesses rather than liquidation, chapters consider all areas of the law closely connected to corporate insolvency, rehabilitation and rescue, as well as the introduction of the EU Preventive Restructuring Directive and other reforms from around the world.

The Need for Special Resolution Regimes for Financial Institutions

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Publisher : International Monetary Fund
ISBN 13 : 1451983204
Total Pages : 32 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis The Need for Special Resolution Regimes for Financial Institutions by : Mr. Martin Cihák

Download or read book The Need for Special Resolution Regimes for Financial Institutions written by Mr. Martin Cihák and published by International Monetary Fund. This book was released on 2009-09-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has demonstrated weaknesses in resolution regimes for financial institutions around the globe, including in the European Union (EU). This paper considers the principles underlying resolution regimes for financial institutions, and draws out how a well-designed resolution regime can expand the toolset available for crisis management. Introducing, or in some cases expanding the scope, of these regimes is pressing to achieve more effective responses to ongoing financial sector weaknesses across the EU.

Resolving Bank Failures and Institutions: Is There a Link? Some Empirical Evidence

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Publisher : International Monetary Fund
ISBN 13 : 1513590839
Total Pages : 29 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Resolving Bank Failures and Institutions: Is There a Link? Some Empirical Evidence by : Marlon Rawlins

Download or read book Resolving Bank Failures and Institutions: Is There a Link? Some Empirical Evidence written by Marlon Rawlins and published by International Monetary Fund. This book was released on 2021-08-06 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers across countries have been seeking to strengthen the institutional framework to control fiscal costs and feedback effects to the real economy generated by bank failures. On a cross-section of countries, we find evidence that suggests that bank supervisors’ intervention in bank failures may be positively associated with some aspects of the administrative and regulatory framework. Our results appear to hold also during times of financial instability. Finally, we find some evidence that the same institutional features may be associated with lower fiscal outlays during banking crises.

International Convergence of Capital Measurement and Capital Standards

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Author :
Publisher : Lulu.com
ISBN 13 : 9291316695
Total Pages : 294 pages
Book Rating : 4.2/5 (913 download)

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Book Synopsis International Convergence of Capital Measurement and Capital Standards by :

Download or read book International Convergence of Capital Measurement and Capital Standards written by and published by Lulu.com. This book was released on 2004 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Insolvency Law and Multinational Groups

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Author :
Publisher : Routledge
ISBN 13 : 1000497291
Total Pages : 288 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Insolvency Law and Multinational Groups by : Daoning Zhang

Download or read book Insolvency Law and Multinational Groups written by Daoning Zhang and published by Routledge. This book was released on 2019-07-30 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The insolvency of multinational corporate groups creates a compelling challenge to the commercial world. As many medium and large-sized companies are multinational companies with operations in different countries, it is important to provide appropriate solutions for the insolvency of these key market players. This book provides a comprehensive overview of the cross-border insolvency theories, practical solutions and regulatory solutions for the insolvency of multinational corporate groups. Whilst the book recognises certain merits of these solutions, it also reveals the limitations and uncertainty caused by them. An analysis of the provisions and tools relating to cross-border insolvency of multinational corporate groups in the new EU Regulation on insolvency proceedings 2015, the UNCITRAL Model Law on cross-border insolvency, the Directive on preventive restructuring frameworks and the Bank Recovery and Resolution Directive 2014, along with a study of directors’ duties, are included in this book. This book focuses on the insolvency and rescue of non-financial corporate groups. However, it is also important to recognise the similarities and differences between corporate insolvency regimes and bank resolution regimes. In particular, lessons learnt from bank resolution practices may be useful for non-financial corporate groups. This book aims to provide an in-depth examination of the existing solutions for the insolvency of multinational corporate groups. It also aims to view cross-border insolvency of corporate groups within a broad context where all relevant regimes and theories interact with each other. Therefore, directors’ duties in the vicinity of insolvency, preventive insolvency proceedings, procedural consolidation, international cooperative frameworks and bank resolution regimes are considered together. This book may appeal to academics, students and practitioners within the areas of corporate law, cross-border insolvency law and financial law.

The Economics of Bank Bankruptcy Law

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Publisher : Springer Science & Business Media
ISBN 13 : 9783642218071
Total Pages : 158 pages
Book Rating : 4.2/5 (18 download)

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Book Synopsis The Economics of Bank Bankruptcy Law by : Matej Marinč

Download or read book The Economics of Bank Bankruptcy Law written by Matej Marinč and published by Springer Science & Business Media. This book was released on 2011-09-18 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and/or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset-substitution problem and liquidity provision. These features distinguish banks from other corporations and are largely neglected in corporate bankruptcy law. The authors, an assistant professor for money and finance and a research economist at the Dutch Central Bank, propose changes in both prudential regulation and reorganization policies that should allow regulators and banking authorities to better mitigate disruptions in the financial system and minimize the social costs of bank failures. Their recommendations are complemented by a discussion of bank failures from the 2007–2009 financial crisis.

Bank Insolvency Law in Developing Economies

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000823636
Total Pages : 169 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis Bank Insolvency Law in Developing Economies by : Kayode Akintola

Download or read book Bank Insolvency Law in Developing Economies written by Kayode Akintola and published by Taylor & Francis. This book was released on 2022-12-30 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of bank stability has been under a great amount of political and legislative scrutiny since the mid-2007 to late-2009 global financial crisis. However, these efforts have centred on developed economies. Little coverage is given to strategies adopted by many developing economies. While there is a global discourse on the subject of insolvency generally, there is ample scope to contribute to the growing body of work on the narrow subject of bank insolvencies. This book provides a unique perspective on an emerging theme in at least two respects. First is the focus on selected developing economies and selected developed economies in the EMEA region alongside cross-border developments, with the objective of deciphering the regulatory approach to bank insolvencies. The second is the analytical consideration of methods that may be implemented to preclude or resolve bank insolvencies in developing economies. This book explores the nexus between developing economies and their banking institutions. Developing economies are acutely dependent on their banks for the functioning of their cash-based economies. Recent events, however, suggest a weakness in the long-term viability of some of their banks and a mixed-bag regulatory approach to redress this weakness. This book evaluates the effectiveness of regulatory frameworks in selected developing economies that are designed to prevent or resolve the insolvency of banks. At a time of global economic uncertainty, this book will prove to be a valuable resource to the discourse on the viability of banks, businesses, and economies in developing States.

The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451873476
Total Pages : 31 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union by : Mr.Martin Cihak

Download or read book The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union written by Mr.Martin Cihak and published by International Monetary Fund. This book was released on 2009-09-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has demonstrated weaknesses in resolution regimes for financial institutions around the globe, including in the European Union (EU). This paper considers the principles underlying resolution regimes for financial institutions, and draws out how a well-designed resolution regime can expand the toolset available for crisis management. Introducing, or in some cases expanding the scope, of these regimes is pressing to achieve more effective responses to ongoing financial sector weaknesses across the EU.

Key Developments in IMF Policy Work--October 12, 2008-April 22, 2009

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1498336108
Total Pages : 9 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Key Developments in IMF Policy Work--October 12, 2008-April 22, 2009 by : International Monetary Fund

Download or read book Key Developments in IMF Policy Work--October 12, 2008-April 22, 2009 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2009-09-04 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper summarizes key developments in the Fund’s policy work since the 2008 Annual Meetings. Table 1 presents key conclusions of policy initiatives. Table 2 provides a progress report on implementation of the Fund’s surveillance priorities.

Handbook of Safeguarding Global Financial Stability

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Publisher : Academic Press
ISBN 13 : 0123978750
Total Pages : 547 pages
Book Rating : 4.1/5 (239 download)

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Book Synopsis Handbook of Safeguarding Global Financial Stability by : Gerard Caprio

Download or read book Handbook of Safeguarding Global Financial Stability written by Gerard Caprio and published by Academic Press. This book was released on 2012-11-27 with total page 547 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political and social forces exert pressure on our globalized economy in many forms, from formal and informal policies to financial theories and technical models. Our efforts to shape and direct these forces to preserve financial stability reveal much about the ways we perceive the financial economy. The Handbook of Safeguarding Global Financial Stability examines our political economy, particularly the ways in which these forces inhabit our institutions, strategies, and tactics. As economies expand and contract, these forces also determine the ways we supervise and regulate. This high-level examination of the global political economy includes articles about specific countries, crises, and international systems as well as broad articles about major concepts and trends.. Substantial articles by top scholars sets this volume apart from other information sources Diverse international perspectives result in new opportunities for analysis and research Rapidly developing subjects will interest readers well into the future

Current Developments in Monetary and Financial Law, Volume 6

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Publisher : International Monetary Fund
ISBN 13 : 1616350814
Total Pages : 590 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis Current Developments in Monetary and Financial Law, Volume 6 by : International Monetary Fund. Legal Dept.

Download or read book Current Developments in Monetary and Financial Law, Volume 6 written by International Monetary Fund. Legal Dept. and published by International Monetary Fund. This book was released on 2013-02-08 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Restoring Financial Stability-The Legal Response” is the theme of the sixth volume of “Current Developments in Monetary and Financial Law.” The book covers a range of issues: frameworks and regulatory reforms in the United States, European Union, and Japan that address systemic risk; the international dimension of financial stability; the regulation of complex financial products; cross-border banking supervision; capital adequacy; and corporate and household debt restructuring. The chapters are based on presentations from a seminar hosted by the IMF Legal Department, the Ministry of Finance of Japan, the Financial Services Agency of Japan, and the Bank of Japan, with the assistance of the IMF Institute. The contributors to the volume come from both the public and private sectors, and include academics, lawyers practicing in the fields of banking and financial law, and officials from central banks, supervisory and regulatory agencies, and standard-setting bodies.

The World Bank Legal Review

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Publisher : World Bank Publications
ISBN 13 : 0821388649
Total Pages : 429 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis The World Bank Legal Review by : Hassane Cissé

Download or read book The World Bank Legal Review written by Hassane Cissé and published by World Bank Publications. This book was released on 2011-11-04 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the legal challenges and opportunities for International Financial Institutions in the post-crisis world. It includes contributions from academics, practitioners and Bank staff. The contributions cover a broad array of issues, included governance reform and constitutional framework of IFIs, privileges and immunities, responsibility of international organizations, issues related to fragile and conflict-affected states, climate finance, and the recent financial crisis. The book is organized in three main areas, namely (i) Law of International Organizations: Issues Confronting IFIs; (ii) Legal Obligations and Institutions of Developing Countries: Rethinking Approaches of IFIs; and (iii) International Finance and the Challenges of Regulatory Governance.

Research Handbook on Crisis Management in the Banking Sector

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1783474238
Total Pages : 624 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis Research Handbook on Crisis Management in the Banking Sector by : Matthias Haentjens

Download or read book Research Handbook on Crisis Management in the Banking Sector written by Matthias Haentjens and published by Edward Elgar Publishing. This book was released on 2015-10-30 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this timely Handbook, over 30 prominent academics, practitioners and regulators from across the globe provide in-depth insights into an area of law that the recent global financial crisis has placed in the spotlight: bank insolvency law. Research Handbook on Crisis Management in the Banking Sector discusses the rules that govern a bank insolvency from the perspectives of the various parties that are affected by these rules. Thus, whilst many bank insolvency rules have been enacted only recently and their application is still clouded by a host of uncertainties, this book takes the perspectives of the relevant authorities, of the bank and of the bank’s counterparties. Providing a comprehensive approach to crisis management in the banking sector, this Handbook will prove a valuable resource for academics, postgraduate students, practitioners and international policymakers.