Uneven progress in implementing cross-border bank resolution in the EU

Karel Lannoo

CEPS Papers from Centre for European Policy Studies

Abstract: Implementing the framework for cross-border bank resolution in the EU is a work in progress, but it is not necessarily proceeding in a consistent way. Three banks were recently resolved in the EU, in which the rules were applied in a different way in each case. These varying results suggest that there remain important differences in supervisory approaches that will continue to have a large bearing on how problem banks are dealt with across the EU. This situation, in turn, raises questions about the EU's commitment to ensuring a level playing field.

Pages: 10 pages
Date: 2017-07
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Persistent link: https://EconPapers.repec.org/RePEc:eps:cepswp:12733

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