HK bank resolution consultation: : four key points.

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 6 (2/9/2015), 2015
• Idioma: inglés
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• Resumen

  • The article reports on the release of the second bank consultation and recovery by the Hong Kong Monetary Authority in China. Topics noted include the inclusion of the best practices for clearinghouse resolution and total loss-absorbing capacity resolution, clarification of the country's bail-in mechanism, provision of a no creditor left worse off than in liquidation (NCWOL) rule, and expansion of the scope of all licensed financial institutions.