Since 2014
Comparative analysis of the bail-in tool
Copernican Journal of Finance & Accounting
View Archive Info| Field | Value | |
| Title |
Comparative analysis of the bail-in tool
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| Creator |
Kerlin, Jakub; Collegium of Management and Finance, Warsaw School of Economics, Madalińskiego 6/8, 02-513 Warszawa
Maksymiuk, Anna; Collegium of Management and Finance, Warsaw School of Economics, Madalińskiego 6/8, 02-513 Warszawa |
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| Subject |
bail-in; resolution; liquidation of financial entities
G21; G33 |
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| Description |
The article aims to analyse selected components of one of the tools of orderly restructuring and liquidation of financial institutions, namely the conversion of equity or debt write-down tool (bail-in). The presented breakdown shows the variety of approaches to defining bail-in and points of convergence of these approaches. One of the key findings highlights the global shift in the approach to the issue of restructuring and liquidation of financial institutions and indicates a new path undertaken by public authorities, which allows for allocating costs to the owners of financial institutions. Governments should prepare a legal framework for the effective use of this tool before the necessity of its application becomes manifest. The study is based on a comparative review of legal frameworks in selected countries as well as reports, studies, publications and practical experience of countries that have applied bail-in.
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| Publisher |
Uniwersytet Mikołaja Kopernika w Toruniu
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| Contributor |
—
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| Date |
2015-08-26
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — — |
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| Format |
application/pdf
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| Identifier |
http://apcz.pl/czasopisma/index.php/CJFA/article/view/CJFA.2015.007
10.12775/CJFA.2015.007 |
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| Source |
Copernican Journal of Finance & Accounting; Vol 4, No 1 (2015); 97-107
Copernican Journal of Finance & Accounting; Vol 4, No 1 (2015); 97-107 2300-3065 2300-1240 |
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| Language |
eng
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| Relation |
http://apcz.pl/czasopisma/index.php/CJFA/article/view/CJFA.2015.007/6761
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| Coverage |
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| Rights |
Copyright (c) 2015 Copernican Journal of Finance & Accounting
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