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Preconditions for a Successful Implementation of Supervisors' Prompt Corrective Action: Is There a Case for a Banking Standard in the European Union?
banksupervisionEuropean UnionPCA EUROPEAN Union several countries a system of prudential supervisory independence
2011/9/28
Over the past years, several countries around the world have adopted a system of prudential prompt corrective action (PCA). The European Union countries are being encouraged to adopt PCA by policy ana...
Cross-Border Banking: Challenges for Deposit Insurance and Financial Stability in the European Union
bank regulatory structure banking subsidiaries branching cross-border banking financial crises
2011/9/27
This paper examines the implications that alternative regulatory structures may have for resolving failed banking institutions. We place our emphasis on the European Union (EU), which is both economic...