Bank resolution and national insolvency law: the case of group financing. (German)
In: Zeitschrift für Bankrecht und Bankwirtschaft, Jg. 36 (2024-02-01), Heft 1, S. 8-15
Online
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Zugriff:
The article "Bank resolution and national insolvency law: the case of group financing" examines the interaction between bank resolution and national insolvency law, with a focus on financing within corporate groups. The authors argue that the dependence of bank resolution on national insolvency laws leads to legal diversity and uncertainty, which can jeopardize effective resolution. Harmonizing national insolvency laws and modernizing existing laws could solve these problems. The article also emphasizes the obstacles in fulfilling financing agreements within banking groups due to different national corporate and insolvency laws. [Extracted from the article]
This article explores the complex interplay between bank resolution and national insolvency law, with a specific focus on intra-group financing. We discuss group financial support agreements under BRRD, prudential requirements under the CRR, iMREL under BRRD, and harmonisation of national bank insolvency laws. We conclude that without harmonisation, the dependence of bank resolution on national insolvency laws continues to result in legal diversity and uncertainty, and thus may jeopardise effective resolution. [ABSTRACT FROM AUTHOR]
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Titel: |
Bank resolution and national insolvency law: the case of group financing. (German)
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Autor/in / Beteiligte Person: | Haentjens, Matthias ; Kokorin, Ilya |
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Zeitschrift: | Zeitschrift für Bankrecht und Bankwirtschaft, Jg. 36 (2024-02-01), Heft 1, S. 8-15 |
Veröffentlichung: | 2024 |
Medientyp: | academicJournal |
ISSN: | 0936-2800 (print) |
DOI: | 10.15375/zbb-2024-0105 |
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