How to provide liquidity to banks after resolution in Europe’s banking union
Banks deemed to be failing or likely to fail in the banking union are either put into insolvency/liquidation or enter a resolution scheme to protect the public interest. After resolution but before full market confidence is restored, the liquidity needs of resolved banks might exceed what can be met through regular monetary policy operations or emergency liquidity assistance. All liquidity needs that emerge must be met for resolution to be a success. In the euro area, this can only be done credibly for systemically important banks by the central bank. We discuss how to establish guarantees against possible losses in order to allow liquidity provisioning in times of resolution.
Analiżi fil-Fond
Awtur estern
Maria Demertzis, Inês Gonçalves Raposo, Pia Hüttl, Guntram Wolff (Bruegel)
Dwar dan id-dokument
Tip ta’ pubblikazzjoni
Kelma għat-tiftix
- DRITT
- dritt tal-Unjoni Ewropea
- dritt ċivili
- ekonomija monetarja
- FINANZI
- IMPRIŻA U KOMPETIZZJONI
- istituzzjoni finanzjarja
- istituzzjonijiet finanzjarji u kreditu
- kontroll tal-likwidità
- kumpanija f'diffikultajiet
- leġiżlazzjoni finanzjarja
- maniġment
- moviment liberu tal-kapital
- organizzazzjoni tal-impriżi
- PRODUZZJONI, TEKNOLOĠIJA U RIĊERKA
- riskju finanzjarju
- solvenza finanzjarja
- standard tekniku
- teknoloġija u regolamenti tekniċi
- tfassil tal-liġi tal-UE
- unjoni bankarja tal-UE
- UNJONI EWROPEA
- ġestjoni tar-riskju