Bank Resolution Regimes - European Parliament.pdfVIP

DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY DEPARTMENT A: ECONOMIC AND SCIENTIFIC POLICIES ECONOMIC AND MONETARY AFFAIRS Bank Resolution Regimes Draft Briefing Note Abstract The euro area sovereign debt crisis has been exacerbated by an on-going banking problem and the sovereign debt crisis has worsened the prospects for euro area banks. This makes it urgent that policy makers find a solution to the problem of dealing with troubled financial institutions. This paper discusses the challenges associated with designing bank resolution regimes. IP/A/ECON/NT/2011-01 March 2012 (Part of the compilation PE 457.361 for the Monetary Dialogue) EN DRAFT This document was requested by the European Parliaments Committee on Economic and Monetary Affairs. AUTHOR Anne SIBERT Birkbeck, University of London and CEPR RESPONSIBLE ADMINISTRATOR Doris KOLASSA Policy Department Economic and Scientific Policies European Parliament B-1047 Brussels E-mail: poldep-economy-science@europarl.europa.eu LINGUISTIC VERSIONS Original: EN Abstract: DE, FR ABOUT THE EDITOR To contact the Policy Department or to subscribe to its monthly newsletter please write to: poldep-economy-science@europarl.europa.eu Manuscript completed in March 2011. Brussels, © European Parliament, 2011. This document is available on the Internet at: http://www.europarl.europa.eu/activities/committees/studies.do?language=EN DISCLAIMER The opinions expressed in this document are the sole responsibility of the author and do not necessarily represent the official position of the European Parliament. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the publisher is given prior notice and sent