The Case for Private Administration of Deposit Guarantee Schemes

2020 ◽  
Author(s):  
Bruno Meyerhof Salama ◽  
Vicente Braga
Keyword(s):  
Deposit Guarantee Schemes

scholarly journals Evolution of Deposit Guarantee System in Ukraine Towards Global Standards: Macroprudential Aspect

2017 ◽  
pp. 30-45 ◽  
Author(s):  
Andryi Danylenko
Keyword(s):  
International Research ◽  
Financial Stability ◽  
Research And Practice ◽  
Crisis Situation ◽  
Guarantee System ◽  
Global Standards ◽  
Deposit Guarantee Schemes

The article proposes some changes to deposit guarantee system in Ukraine, which can boost its contribution to national financial stability. The proposals are underpinned by analysis of evolution of international research and practice on building efficient deposit guarantee schemes in Europe and globally. They also take into account the current post-crisis situation and challenges for the deposit guarantee system in Ukraine.

scholarly journals Deposit flows and structure in Serbia

Bankarstvo ◽  
2020 ◽  
Vol 49 (4) ◽  
pp. 68-87
Author(s):  
Milena Lazić ◽  
Ksenija Zorčić
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Banking System ◽  
Financial System ◽  
Banking Regulation ◽  
The Stability ◽  
The Global Financial Crisis ◽  
Deposit Guarantee Schemes

Having drawn attention to the existing banking regulation issues, the Global Financial Crisis also raised awareness of the importance of depositors' confidence for the stability of the financial system, and brought the role and significance of the deposit guarantee schemes to the fore. Serbian economy started experiencing its effects in Q4 2008, in parallel with the global spreading of the crisis. This paper focuses on the fluctuations in deposit levels and structure in the Serbian banking system, between 2008 and 2019. It also aims to underscore the importance and development perspectives of the Serbian deposit guarantee scheme.

How Has the EU Protected Depositors in the Financial Crisis?

2014 ◽  
Vol 16 ◽  
pp. 289-312
Author(s):  
Niall J Lenihan
Keyword(s):  
Financial Crisis ◽  
Banking System ◽  
The Us ◽  
The Impact ◽  
Deposit Guarantee Schemes ◽  
The Eu

AbstractThis chapter addresses the question of how the EU has protected depositors in the financial crisis. The chapter will discuss (1) the impact in Europe of the US system for the protection of depositors, (2) the important changes made to the EU Deposit Guarantee Schemes Directive, first in 2009 in response to the 2007 deposit run on Northern Rock, and then again in 2014 in response to the financial crisis, (3) the decision of the EFTA Court regarding the scope of Iceland’s obligations under the EU Deposit Guarantee Schemes Directive, following the collapse of the Icelandic banking system in 2008, and (4) the introduction of a powerful depositor preference rule throughout the EU, in response to the resolution of the Cypriot banking system in 2013. This chapter argues that the EU has responded to the impact of the financial crisis on bank depositors by enhancing the legal protections available to depositors.

scholarly journals Austria

2020 ◽  
Vol 20 (62) ◽  
Author(s):  
Keyword(s):  
Financial Crisis ◽  
Crisis Management ◽  
Legal Framework ◽  
Contingency Planning ◽  
Legal Regime ◽  
Bank Resolution ◽  
National Bank ◽  
Ministry Of Finance ◽  
The Government ◽  
Deposit Guarantee Schemes

This note assesses and makes recommendations regarding bank resolution and crisis management arrangements. The scope of the assessment includes the institutional arrangements for recovery, resolution, and crisis management; the supervision of banks’ recovery plans; the legal regime for bank bankruptcy and resolution; resolution planning by the authorities and addressing impediments to resolution; assuring funding to support resolution; the two deposit guarantee schemes; and the government authorities’ collective preparedness to deal with financial crisis. The authorities relevant to this note are the Ministry of Finance (MOF), the Financial Market Authority (FMA), and the Austrian National Bank (OeNB). Main findings: Recovery and resolution planning are well advanced. Key impediments to resolution have been identified and are being addressed, yet adequate means to ensure sufficient funding in resolution remains to be determined. The legal framework is sound, although additional flexibility could be provided in the bankruptcy regime. The authorities’ collective contingency planning for financial crisis and testing of plans should be intensified. The following paragraphs elaborate on these and other matters.

2. Prudential Regulation I: Capital and Liquidity Controls

2018 ◽  
Author(s):  
Ross Cranston ◽  
Emilios Avgouleas ◽  
Kristin van Zweiten ◽  
Theodor van Sante ◽  
Christoper Hare
Keyword(s):  
Financial Crisis ◽  
Moral Hazard ◽  
Global Financial Crisis ◽  
Bank Regulation ◽  
Capital Regulation ◽  
Bank Failures ◽  
Prudential Regulation ◽  
Fundamental Goal ◽  
The Global Financial Crisis ◽  
Deposit Guarantee Schemes

This chapter begins with a discussion of the reasons for bank regulation. Traditionally the focus of bank regulation has been the protection of individual institutions' stability from a depositors' run, and of depositors and deposit guarantee schemes from incurring losses in the event of bank failures. Another fundamental goal was the protection of taxpayers from a public bailout and from the kind of moral hazard that arises when public bank rescues are likely. However, in recent years, and especially since the global financial crisis the focus of bank regulation has broadened to include eliminating too-big-to-fail institutions; increasing capital cushions and introducing liquidity requirements; and enhancing the resilience of the financial system to withstand system-wide shocks. The remainder of the chapter covers prudential regulation, capital regulation, the different phases of the Basel capital framework, and the total loss absorbing capacity standard.

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