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The Bank Resolution Compromise: Incomplete, but workable?

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  • Gros, Daniel

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.

Suggested Citation

  • Gros, Daniel, 2013. "The Bank Resolution Compromise: Incomplete, but workable?," CEPS Papers 8776, Centre for European Policy Studies.
    • Handle: RePEc:eps:cepswp:8776
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    File URL: http://www.ceps.eu/system/files/DG%20Bank%20Resolution%20Compromise.pdf
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    References listed on IDEAS

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    1. Gros, Daniel, 2013. "The Asset Quality Review and Capital Needs: Why re-capitalise banks with public money?," CEPS Papers 8775, Centre for European Policy Studies.
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    Cited by:

    1. Jakob de Haan & Jeroen Hessel & Niels Gilbert, 2014. "Reforming the architecture of EMU: Ensuring stability in Europe," DNB Working Papers 446, Netherlands Central Bank, Research Department.
    2. Buch, Claudia M. & Körner, Tobias & Weigert, Benjamin, 2013. "Towards deeper financial integration in Europe: What the Banking Union can contribute," Working Papers 02/2013, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.

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