Banking bailout law : a comparative study of the United States, United Kingdom and the European Union / Virag Blazsek.

Format:

Book

Author/Creator:

Blazsek, Virág, author.

Series:

Routledge research in finance and banking law

Language:

English

Subjects (All):

Bank failures--Law and legislation--United States.

Bank failures.

Physical Description:

1 online resource (xxii, 264 pages)

Edition:

1st ed.

Place of Publication:

Abingdon, Oxon ; New York, NY : Routledge, 2021.

Summary:

"Setting forth the building blocks of banking bailout law, this book reconstructs a regulatory framework that might better serve countries during future crisis situations. It builds upon recent, carefully selected case studies from the US, the EU, the UK, Spain and Hungary to answer the questions of what went wrong with the bank bailouts in the EU, why the US performed better in terms of crisis-management, and how bailouts could be regulated and conducted more successfully in the future. Employing a comparative methodology, it examines the different bailout and bank resolution techniques and tools and identifies the pros and cons of the different legal and regulatory options and their underlying principles. In the post-2008 legal-regulatory architecture financial institution-specific insolvency proceedings were further developed or implemented on both sides of the Atlantic. Ten years after the most recent financial crisis, there is sufficient empirical evidence to evaluate the outcomes of the bank bailouts in the US and the EU, and to examine a number of cases under the EU's new bank resolution regime"-- Provided by publisher.

Contents:

Introduction

A systematization of bank bailouts

A catalogue and assessment of bank bailout cases

International financial regulation and bank bailouts

The US legal-regulatory framework on bank bailouts

The EU legal-regulatory framework on bank bailouts

The UK legal-regulatory framework on bank bailouts

The Spanish legal-regulatory framework on bank bailouts

The Hungarian legal-regulatory framework on bank bailouts

The building blocks of bank bailout law

The principles of bank bailout law.

Notes:

Description based on print version record.

ISBN:

1-00-309925-4

1-003-09925-4

1-000-20822-2

1-000-20834-6

9781003099253

OCLC:

1154859439