Print page

Research Handbook on Crisis Management in the Banking Sector

Edited by Matthias Haentjens, Professor of Financial Law and Bob Wessels, Emeritus Professor of International Insolvency Law, Leiden University, the Netherlands
In this timely Handbook, over 30 prominent academics, practitioners and regulators from across the globe provide in-depth insights into an area of law that the recent global financial crisis has placed in the spotlight: bank insolvency law.
Extent: 640 pp
Hardback Price: $310.00 Web: $279.00
Publication Date: 2015
ISBN: 978 1 78347 422 6
Availability: In Stock
$0.00

Buy the E-Book @ paperback price

Join our mailing list

  • Economics and Finance
  • Financial Economics and Regulation
  • Money and Banking
  • Law - Academic
  • Company and Insolvency Law
  • Finance and Banking Law
In this timely Handbook, over 30 prominent academics, practitioners and regulators from across the globe provide in-depth insights into an area of law that the recent global financial crisis has placed in the spotlight: bank insolvency law.

Research Handbook on Crisis Management in the Banking Sector discusses the rules that govern a bank insolvency from the perspectives of the various parties that are affected by these rules. Thus, whilst many bank insolvency rules have been enacted only recently and their application is still clouded by a host of uncertainties, this book takes the perspectives of the relevant authorities, of the bank and of the bank’s counterparties.

Providing a comprehensive approach to crisis management in the banking sector, this Handbook will prove a valuable resource for academics, postgraduate students, practitioners and international policymakers.
‘This volume is the definitive work on banking sector crisis management. It covers all recent legislative developments and it provides cognate analysis by leading experts on matters covering the whole spectrum of bank crisis management, ranging from early intervention and provision of emergency liquidity assistance by the central bank to group resolution and the workings of the Single Resolution Mechanism. Additionally, country reports of all major jurisdictions such as Australia, the US, UK, Germany, Japan and China provide comprehensive overviews of the current state. It will prove an invaluable companion to all those seeking to demystify this most complex area of legal and regulatory practice.’
– Emilios Avgouleas, University of Edinburgh, UK
Contributors: J. Adriaanse, D. Bernstein, V. Borger, A. Bornemann, W. Bosma, A. Campbell, A. Carr, B. Clarke, P. Davies, T. Dijkhuizen, P. Durban, J. Gabilondo, F. Garcimartín, M. Haentjens, T. Hayashi, T.F. Huertas, B.P.M. Joosen, S. Kaltsouni, Q. Kong, R. Mason, P. Moffatt, M. Murray, P. Rank, J.-P. van der Rest, M.I. Saez, R.A. Sahni, M. Schillig, D. Schoenmaker, J. Sluysmans, M. Timmer, N. van Triet, V. Troiano, T. Verdoes, L. Verrill, B. Wessels, S. Yonghui, G.S. Zavvos































Contents:

PART I INTRODUCTORY CHAPTERS
1. Too Big to Fail: A Policy’s Beginning, Middle and End (?)
Thomas F. Huertas

2. Central Banks, Systemic Lending, and Collateral Markets
José Gabilondo

3. A Fiscal Backstop to the Banking System
Dirk Schoenmaker

4. Large Scale Bank Insolvencies and the Challenges Ahead
Andrew Campbell and Paula Moffatt

PART II EU AUTHORITIES PERSPECTIVE
5. The EU Resolution Toolbox
Michael Schillig

6. Cross-border Cooperation between Resolution Authorities in the BRRD
Vincenzo Troiano

7. The Single Resolution Mechanism in the European Banking Union: Legal Foundation, Governance Structure and Financing
George S. Zavvos and Stella Kaltsouni

8. The European Stability Mechanism, A Crisis Tool Operating at Two Junctures
Vestert Borger

PART III BANK PERSPECTIVE
9. Regulatory Capital Requirements and Bail in Mechanisms
Bart P.M. Joosen

10. Rescuing Banks in Crisis: Towards a Theoretical Turnaround Management Perspective
Jan Adriaanse, Jean-Pierre van der Rest and Tim Verdoes

11. Resolution of Cross-border Groups
Paul Davies

12. Bank Structural Reform: Too Big to Fail, Too Big to Save and Too Complex to Manage, Supervise and Resolve?
Alexandria Carr

13. Implications for the Corporate Governance Structures of Banks
Tom Dijkhuizen

PART IV COUNTERPARTY PERSPECTIVE
14. Set-off, Netting and Close-out Netting
Francisco Garcimartín and Maria Isabel Saez

15. Deposit Guarantee Schemes
Blanaid Clarke

16. Legal and Operational Segregation of Securities: Derivatives and Cash
Matthias Haentjens and Pim Rank

17. The Rule of Law: Protection of Property
Jacques Sluysmans, Willem Bosma, Matthijs Timmer and Nikky van Triet

PART V COUNTRY REPORTS
18. Australia
Rosalind Mason and Michael Murray

19. China
Qingjiang Kong and Sun Yinghui

20. Germany
Alexander Bornemann

21. Japan: Regulatory Development of the Banking Resolution Regime
Tomoaki Hayashi

22. United Kingdon (England and Wales)
Louise Verrill and Paul Durban

23. United States
Donald Bernstein and Reena Agrawal Sahni

PART VI CONCLUSIONS
24. Conclusions
Matthias Haentjens and Bob Wessels

Index