Peter Green, Jeremy Jennings-Mares
The article discusses how the Banking Recovery and Resolution Directive's (BRRD) lack of prescriptive approach may be a reason why member states of the European Union (EU) have different views on recovery and resolution strategies for their banks. Topics covered include the critical element of the G20's commitments is encapsulated in the 2011 Financial Stability Board's (FSB) Key Attributes for Effectiveness Resolution Regimes for Financial Institutions.
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