1
حسابداری و مالی::
صندوق گزیر
Resolution, in most of the cases, takes then the form of a receivership, as the relevant regulators (central banks, resolution funds or even the insurance deposit corporations according to the relevant Country and jurisdiction), being already aware of the insolvent status of the bank, are ready to step in and manage the first transition phase of the bank, limiting and ideally avoiding any negative impact on the market.
Abstract In this chapter, a more in depth discussion on the new resolution regime developed and now being implemented in the European Union is presented-a description of how the single resolution regime is working and how it interacts with the resolution fund is also described.
Apart from this "burden sharing" and "bail in" procedures, the resolution mechanism can also count on the capital (Euro 55 Bln circa) contributed by the member States to the Single Resolution Fund, in place since the beginning of 2015, ready to be used to manage even the most complex resolutions in an orderly and not entirely destabilizing way.
As the resolution fund is financed pro quota by the State members, it aims to break the vicious circle that usually leads a local corporate crisis to become a banking risk and then in turn a sovereign debt crisis (when the State is forced to step in and close the capital shortfall, to avoid the melt down of the overall financial system, increasing its public debt almost to the point of unsustainability)
;The conversion of creditors' funds would then need to be equal to at least 8 %, before another back stop facility could be drawn in-we are referring to the Single Resolution Fund that could however contribute up to a maximum of 5 % of the total liabilities of the failed bank.
واژگان شبکه مترجمین ایران