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    Funding in Resolution: the lender of last resort function in the new resolution framework

    Published on Thursday, May 14, 2015 | Updated on Monday, May 18, 2015

    Funding in Resolution: the lender of last resort function in the new resolution framework

    Summary

    In 2014, the resolution discussion was mainly focused on the Total Loss Absorbing Capacity (TLAC). The connection of this framework with the liquidity provision of failed banks has been uncharted territory that the FSB is planning to tackle in 2015. The aim of this paper is to contribute to the discussion on how to ensure liquidity in a resolutions process.

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    Authors

    Santiago Fernández de Lis BBVA Regulation - Head of Regulation
    José Carlos Pardo
    Guillermo Martín

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    Report (PDF)

    20150514_Funding and Resolution_discussion note Vdef

    English - May 14, 2015

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