Resolution and RecoveryRSS

Italy’s bank rescues raise hackles in Germany

It seems that not all resolution conditions for failing banks are equal across the EU, with Italy managing to sidestep Europe’s resolution regime to deal with two of its failing banks.

Banco Popular web

EU resolution regime aces Banco Popular test amid criticism

Despite earlier concerns over the eurozone’s complex bank resolution mechanisms, the rescue of Banco Popular worked admirably, though it has raised some questions. By Justin Pugsley.  

Hensarling hits back at Times article over Financial Choice Act

Jeb Hensarling attacks New York Times article claiming the Financial Choice Act makes bank failures more dangerous for the financial system.

SIFI process and OLA to be reviewed

President Donald Trump is quickly shredding any doubts over his determination to reform Dodd-Frank, having ordered a review of the orderly liquidation authority and the systemically important financial institutions designation process.

Sam Theodore-Scope Ratings

Italy bail-outs complicate Europe’s resolution plans

Concern is growing that the drawn-out and politicised process of sorting out Italy’s banking crisis could undermine the EU's bank recovery and resolution directive. By Justin Pugsley

NPLs and high costs threaten European bank profits

EU bank profits remain under pressure from non-performing loans and rising costs says the European Banking Authority.

Italy’s finance minister defends bank bailouts

The bailout of Italy’s banks draws closer as the government addresses European resolution rules and retail investor law suits

Rafael Plata

Regulators seek to make too-big-to-fail CCPs safer

While the European Commission frets over ways of insuring that too-big-to-fail clearing houses do not become the epicentre of a future financial crisis, might blockchain be a far better alternative? 

US Fereral Reserve

Watered-down US digital legal requirements are a lost opportunity

By watering down final rules on contract data, which are crucial for the orderly resolution of failing firms, US authorities have missed an opportunity to drive greater digitisation within the industry. By Akber Datoo, managing partner, D2 Legal Technology. 

AT1 coupons to be prioritised over dividends

In a bid to boost confidence in additional tier 1 instruments, the European Commission wants to prioritise coupon payouts over dividends from shares.

By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.