An important gap in the EU Banking Union architecture is the absence of a clear and uniform regulatory framework for the crisis management of small- and medium-sized banks. The authors argue that, taking stock from the US experience, a limited number of revisions to the current legal framework would be sufficient to establish a “standard proceeding” favoring alternative interventions by DGSs. This document was provided by the Economic Governance and EMU scrutiny Unit at the request of the ECON Committee.This document was requested by the European Parliament's Committee on Economic and Monetary Affairs.
BRESCIA MORRA, C., Pozzolo, A.F., Vardi, N. (2023). Completing the Banking Union The case of crisis management of small- and medium-sized banks.
Completing the Banking Union The case of crisis management of small- and medium-sized banks
Concetta Brescia Morra
;Alberto Franco Pozzolo
;Noah Vardi
2023-01-01
Abstract
An important gap in the EU Banking Union architecture is the absence of a clear and uniform regulatory framework for the crisis management of small- and medium-sized banks. The authors argue that, taking stock from the US experience, a limited number of revisions to the current legal framework would be sufficient to establish a “standard proceeding” favoring alternative interventions by DGSs. This document was provided by the Economic Governance and EMU scrutiny Unit at the request of the ECON Committee.This document was requested by the European Parliament's Committee on Economic and Monetary Affairs.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
