Financial institutions in distress [electronic resource] : recovery, resolution, and recognition.

Intro
Title Page
Copyright Page
Contents
List of Figures
List of Tables
Table of Cases
Table of Legislation
List of Abbreviations
A Brief Note about the Authors
1. Introduction
I. Cross-border Financial Intermediation and Distress
II. Regulation of Financial Intermediation
III. Responding to the Failure of Financial Institutions
IV. The Cross-border Resolution Gap
V. Plugging the Gap: A Model Law
VI. The Aim of This Book
VII. The Structure of the Book
VIII. Methodology
2. Why the Special Treatment for Financial Institutions

I. Introduction
II. Some Basic Concepts
A. Things, Property, Assets, and Financial Assets
B. Planning, Recovery, Resolution, and Liquidation
III. The Financial Sector
A. Financial Intermediation and Money Creation
B. The Inherent Riskiness of Financial Intermediation
C. Bank and Non-Bank Financial Institutions
IV. Systemic Risk and Systemic Stability
A. Micro Versus Macro Prudence
B. Schematic Definitions of Risk and Stability
C. Vulnerabilities
D. Emerging Vulnerabilities I-Climate Change
E. Emerging Vulnerabilities II-Digital Assets

1. An analytical taxonomy
2. Anchored and unanchored digital assets
3. Distributed ledgers and blockchains
4. Crypto-assets and crypto-currencies
5. Implications for the financial sector
F. Close-out Netting
1. 'Standard' security interests
2. Netting
3. Close-out and immunity from moratorium
G. Risk Materializes into Crisis
V. Modelling the Onset of Systemic Crises
A. The Risk Amplification Model
B. The Domino Model
VI. Systemically Important Financial Institutions
A. Banks
B. Insurers
C. Financial Market Infrastructure

D. Financial Institutions Holding Client Assets
VII. The Role of the Resolution and Insolvency Regime
A. Bail-outs
B. The Need for and Possibility of Special Resolution Regimes
VIII. Sovereign Debt and the Implications for Bank Financial Distress
3. The Regulatory Landscape of Supervision and Resolution of Financial Institutions: A Cross-border Perspective
I. Introduction
II. Regulation and Supervision of Financial Institutions: A History of Failures
A. Failures that Led to the Developments of the Basel Accords by the BCBS and their Revisions Over Time

B. From Early Risk Management Efforts to the Global Financial Crisis: Lessons from the Basel Accords
C. The Regulatory Defence Against the Global Financial Crisis: Reinforcing Minimum Standards for Sound Prudential Regulation and Supervision
1. The revision of Basel II standards
2. The Basel principles for effective supervision
3. Supervisory authority and accountability
4. Cooperation of supervisory authorities
5. The exercise of prudential supervision
6. Transparency in financial reporting and audits