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The Bank Resolution Compromise: Incomplete, but workable?

19 December 2013

The Bank Resolution Compromise: Incomplete, but workable?

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Calling the Single Resolution Mechanism an “inelegant step in the right direction”, this Commentary singles out the Single Resolution Fund, with its considerable mutualisation of risk, as the key advance – but one that will require changes over time in the extremely complex decision-making mechanisms agreed.

Daniel Gros is Director of CEPS.


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The Bank Resolution Compromise: Incomplete, but workable?
Download Publication

2131 Downloads