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.
Detaljna analiza
Vanjski autor
Maria Demertzis, Inês Gonçalves Raposo, Pia Hüttl, Guntram Wolff (Bruegel)
Informacije o dokumentu
Vrsta publikacije
Područje politike
Ključna riječ
- bankovna unija EU-a
- EUROPSKA UNIJA
- FINANCIJE
- financijska ustanova
- financijski rizik
- financijsko zakonodavstvo
- građansko pravo
- izrada pravnih propisa EU-a
- kontrola likvidnosti
- kreditne i financijske institucije
- menadžment
- monetarna ekonomija
- organizacija poslovanja
- platežna sposobnost
- poduzeće u poteškoćama
- POSLOVANJE I KONKURENCIJA
- PRAVO
- pravo EU-a
- PROIZVODNJA, TEHNOLOGIJA I ISTRAŽIVANJE
- slobodno kretanje kapitala
- tehnička norma
- tehnologija i tehnički propisi
- upravljanje rizicima