Cross-Border Bank Resolution: Recent Developments

Author(s):  
Ceyla Pazarbasioglu ◽  
Ross Leckow ◽  
Barend Jansen ◽  
Marina Moretti ◽  
Wouter Bossu ◽  
...  
Policy Papers ◽  
2014 ◽  
Vol 2014 (11) ◽  
Author(s):  

Developing an effective framework for cross-border resolution is a key priority in international regulatory reform. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving “too-big-to-fail” institutions. In cross-border cases, misaligned incentives and lack of robust mechanisms for resolution and cross-border cooperation left some country authorities with little choice but to take unilateral actions, which contributed to the high fiscal costs of the crisis and resulted in disorderly resolution in some cases


2021 ◽  
Vol 18 (2) ◽  
pp. 54-67
Author(s):  
Melinda Benczi ◽  
Gyula Ocskay

The present study gives an overview of the de-bordering processes around Hungary that have taken place during the last 30 years and their impacts upon cross-border relationships and cooperation in both economic and social terms. A synthesis is provided on some of the examples of Hungarian innovation in cross-border cooperation as well as on recent developments stemming from the border closures during the pandemic.


This noter-up complements Transnational Securities Law by Thomas Keijser. It updates the main edition in a number of areas. These include the following subject areas: Intermediated securities; Non-intermediated securities; Central Securities Depository (CSD); Bank resolution and insolvency ; and Banks and cross-border issues .


2019 ◽  
Vol 74 (1) ◽  
pp. 165-185 ◽  
Author(s):  
David B. Carter ◽  
Paul Poast

AbstractSince trade must cross borders, to what extent do border walls affect trade flows? We argue that border walls can reduce trade flows. Even if the objective is to only stem illicit flows, border walls heighten “border effects” that can also inhibit legal cross-border flows. Using a gravity model of trade that reflects recent developments in both economic theory and econometrics, we find that the creation of a wall is associated with a reduction in legal trade flows between neighboring countries. We provide a battery of evidence that suggests this reduction is not simply a function of worsening bilateral relations. Our findings have implications for understanding how governments have taken measures to assert sovereign control of their borders in an age of increasing economic globalization.


2020 ◽  
pp. 001139212095211
Author(s):  
Anna Amelina ◽  
Manuela Boatcă ◽  
Gregor Bongaerts ◽  
Anja Weiß

The editorial summarizes the main conceptual and epistemological challenges of theorizing on society across borders. Its particular aim is to initiate the dialogue between theories of society and cross-border studies that address global, transnational and postcolonial relations. In essence, this special issue addresses four interrelated concerns of studying societal processes across borders. The first of these concerns is prompted by a decades-old critique of methodological nationalism. The second concern addresses the question of how can ‘society’ and the boundaries of ‘societalization’ be conceptualized, if global, transnational and postcolonial processes straddle the boundaries of nation-states? The third concern relates to the fact that sociological ‘grand’ theories have been criticized for failing to analyze recent developments of societies on a meso- and micro-level. Fourthly, a conversation between social theory and cross-border studies is also challenged by epistemic inequalities. Therefore, theories of society should be able to take into account not only the ‘grand scale’ of societal contexts and societal changes but also the positionality of the theorizing subject within global asymmetries of power.


2012 ◽  
Vol 19 (5) ◽  
pp. 467-484 ◽  
Author(s):  
Simon Taylor

Abstract Developments in European Union law have created rules favourable to cross-border patient movement. However, where national laws on patient rights differ, this may limit movement by creating confusion for patients and by reducing their confidence in seeking treatment abroad. This article examines the extent to which English and French law recognize a patient right to information regarding treatment. In light of the differences between the two systems concerning both the form and the content of the law, highlighted by recent developments in French law, the article then considers whether the Patients’ Rights Directive can provide a framework for coordination of national rules.


2019 ◽  
Author(s):  
Matthias Haentjens ◽  
Bob Wessels
Keyword(s):  

Author(s):  
Sebastián Paredes

This chapter presents an overview of the recent developments in Latin American private international law acts and civil codes for cross-border cases. International jurisdiction, applicable law and international judicial co-operation in recent private international law rules contained in national sources are the focus of analysis with special attention to solutions given by traditional approaches and theories but also by modern ones like the possibility to use non-State law for access to justice or for international commercial contracts. Other questions addressed in this chapter are: Is the protection of individuals improved in these new laws? How Latin Americans seek to deal with the decisive upsurge of human rights principles in post-modern private international law and cross border relationships and to fulfil access to justice?


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