Publication
Dec 2014
This paper is a response to the Financial Stability Board’s (FSB’s) document 'Cross-Border Recognition of Resolution Action' on how to enhance legal certainty in cross-border resolution matters involving troubled financial firms and groups. The authors focus on the issue of the appropriate design and implementation of cross-border resolution procedures for global systemically important financial institutions as well as resolution regimes based on contractual approaches.
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English (PDF, 15 pages, 352 KB) |
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Author | Steven L Schwarcz, Mark Jewett, E Bruce Leonard, Catherine Walsh, David Kempthorne |
Series | CIGI Papers |
Issue | 51 |
Publisher | Centre for International Governance Innovation (CIGI) |
Copyright | © 2014 Centre for International Governance Innovation (CIGI). This work is licensed under a Creative Commons Attribution — Non-commercial — No Derivatives License. |