The Bank Resolution Compromise: Incomplete, but workable?

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Publication Date 19/12/2013
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Abstract:

Calling the Single Resolution Mechanism an “inelegant step in the right direction”, this Commentary singles out the Single Resolution Fund, with its considerable mutualisation of risk, as the key advance – but one that will require changes over time in the extremely complex decision-making mechanisms agreed.

Source Link http://aei.pitt.edu/46345/
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