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Current Bank Bankruptcy Regimes and Recent Developments

  • Matej Marinč
  • Razvan Vlahu
Chapter

Abstract

We now review the general characteristics of bank bankruptcy laws around the world. Then we focus on selected bank bankruptcy laws in more detail. We analyze characteristics of the Swedish proposal towards the bank insolvency legal framework, the bank bankruptcy regimes in the European Union, Germany, and the U.S., including the provisions of Dodd-Frank Wall Street reform and the consumer protection act, and the recently implemented UK bank bankruptcy regime. Although it is beyond the scope of this study to provide a detailed cross-country legal analysis of bank resolution procedures, our aim is to review, compare, and evaluate the most economically significant characteristics of the selected bank bankruptcy laws.

Keywords

Deposit Insurance Financial Service Authority Financial Company Federal Deposit Insurance Corporation Deposit Insurance Scheme 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.Faculty of Economics Department for Money and FinanceUniversity of LjubljanaLjubljanaSlovenia
  2. 2.Amsterdam Center for Law & Economics (ACLE)University of AmsterdamAmsterdamThe Netherlands
  3. 3.De Nederlandsche BankAmsterdamThe Netherlands

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