The new resolving tools introduced in the EU banking recovery and resolution regime that aim to reduce the intervention of regulatory au-thorities constitute a challenge for supervisors and market actors. This article examines the controversial aspects of rescue plans for failing banks taking into consideration the restructuring options such as bail-in, State aid and bailout. In the case of Banca Monte dei Paschi di Si-ena, although the bank is not global systemically important it has been identified as a domestic significant bank and it can produce a serious impact in other fragile financial institutions. On this view, the undefined distinction between global systemically important banks and domestic systemically important banks represents a real concern to the banking regulators, and it allows a margin of discretion for the national authori-ties in the assessment of restructuring tools.

The precautionary recapitalisation of failing banks: the undefined distinction between G-SIBs and D-SIBs / Miglionico, Andrea. - In: CONTRATTO E IMPRESA. EUROPA. - ISSN 1127-2872. - 23:1(2018), pp. 290-306.

The precautionary recapitalisation of failing banks: the undefined distinction between G-SIBs and D-SIBs

MIGLIONICO A
2018

Abstract

The new resolving tools introduced in the EU banking recovery and resolution regime that aim to reduce the intervention of regulatory au-thorities constitute a challenge for supervisors and market actors. This article examines the controversial aspects of rescue plans for failing banks taking into consideration the restructuring options such as bail-in, State aid and bailout. In the case of Banca Monte dei Paschi di Si-ena, although the bank is not global systemically important it has been identified as a domestic significant bank and it can produce a serious impact in other fragile financial institutions. On this view, the undefined distinction between global systemically important banks and domestic systemically important banks represents a real concern to the banking regulators, and it allows a margin of discretion for the national authori-ties in the assessment of restructuring tools.
State aid ; Global systemically important banks ; Banking recovery and resolution regime
The precautionary recapitalisation of failing banks: the undefined distinction between G-SIBs and D-SIBs / Miglionico, Andrea. - In: CONTRATTO E IMPRESA. EUROPA. - ISSN 1127-2872. - 23:1(2018), pp. 290-306.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/208795
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