The multiple-point-of-entry resolution strategy for global banks
Published on Wednesday, February 25, 2015 | Updated on Thursday, February 26, 2015
The multiple-point-of-entry resolution strategy for global banks
In the aftermath of the global financial crisis, it became clear that banking resolution was one of the key aspects of the necessary reform of financial regulation, with the objective of reducing the cost of banking crises and avoiding the use of taxpayers’ money. In the case of global banks, the cross-border dimension added a new layer of complexity to these debates.
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