TY  - BOOK
AU  - Schelo,Sven
TI  - Bank recovery and resolution
T2  - International banking and finance law series
SN  - 9789041149596
PY  - 2015///]
CY  - Alphen aan den Rijn, the Netherlands
PB  - Kluwer Law International
KW  - Financial services industry
KW  - Law and legislation
KW  - European Union countries
KW  - Financial crises
KW  - Prevention
KW  - Global Financial Crisis, 2008-2009
N1  - Includes bibliographical references (pages 199-213) and index
N2  - Since 2008, enormous efforts have been made worldwide to draft rules to prevent a reoccurence of the devastating financial effects of that year. In the process, bank business has been laid open to intense public and government scrutiny, and regulation of banking has grown to spectacular proportions. Prominent among the measures taken is the EU Bank Recovery and Resolution Directive (BRRD), which, together with the Single Resolution Mechanism (SRM) and the Single Resolution Fund, constitutes a crucial new pillar in the European Banking Union. The presentation is enhanced by a comparative dimension, which includes reference to U.S. and other national developments and a full-scale analysis of Switzerland's regulatory response to the crisis
ER  -