Bail-In : EU Rules and Their Applicability in the Nordic Context

Show full item record

Title: Bail-In : EU Rules and Their Applicability in the Nordic Context
Author: Jokivuolle, Esa ; Vihriälä, Vesa ; Virolainen, Kimmo ; Westman, Hanna
Series: Nordic Economic Policy Review
Year of publication: 2020
Publication date: 15.6.2020
DOI: https://doi.org/10.6027/Nord2020-025
Page range: 189-216
Keywords: pankit; riskit; sääntely; lainsäädäntö; Pohjoismaat; Eurooppa
JEL: G21; G28
Other keywords: Resolution; bail-out; bail-in; BRRD; systemic risk
Abstract: The global financial crisis has led to extensive regulatory reforms around the globe. The bail-in rules introduced in the Bank Recovery and Resolution Directive are an essential part of the new bank crisis management landscape in Europe. The paper seeks to clarify their implications and applicability in three ways. First, we provide a concise overview of the issues involved based on recent – mainly theoretical – literature. Second, we describe the key features of the European resolution framework. Third, we discuss the implications of the bail-in approach for crisis management in the Nordic context.


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show full item record