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Risk and Regulation in Euro Area Banks

- Completing the Banking Union
Af: Francesca Arnaboldi Engelsk Paperback

Risk and Regulation in Euro Area Banks

- Completing the Banking Union
Af: Francesca Arnaboldi Engelsk Paperback
Tjek vores konkurrenters priser

Since the last financial crisis, much work has been undertaken to strengthen the ability to respond to distress in the EU financial system. However, reforms enacted since the Single Resolution Mechanism was created in July 2014 as part of the Banking Union initiated in 2012 mainly focused on non-performing loans, and the third pillar of the Banking Union, namely a European Deposit Insurance Scheme, has not been completed.

Against this backdrop, this book focuses on the reasons why the EU banking system continues to remain fragile. In particular, high stocks of non-performing loans in some countries, the Level 3 assets evaluation and high exposure of many banks to the debts of their own governments are among the major concerns. Secondly, the book discusses the completion of the public safety net for banks, including deposit insurance, which remains primarily at the national level. This creates scope for contagion from banking sector fragility to national sovereign debt distress. Of interest to banking researchers, academics and students, this book combines rigorous analysis of the regulatory framework and empirical investigation on EU banking system data to prove that market discipline and risk sharing should be viewed as complementary pillars of the Euro-area financial architecture rather than as substitutes, requiring a reformed institutional framework.

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Since the last financial crisis, much work has been undertaken to strengthen the ability to respond to distress in the EU financial system. However, reforms enacted since the Single Resolution Mechanism was created in July 2014 as part of the Banking Union initiated in 2012 mainly focused on non-performing loans, and the third pillar of the Banking Union, namely a European Deposit Insurance Scheme, has not been completed.

Against this backdrop, this book focuses on the reasons why the EU banking system continues to remain fragile. In particular, high stocks of non-performing loans in some countries, the Level 3 assets evaluation and high exposure of many banks to the debts of their own governments are among the major concerns. Secondly, the book discusses the completion of the public safety net for banks, including deposit insurance, which remains primarily at the national level. This creates scope for contagion from banking sector fragility to national sovereign debt distress. Of interest to banking researchers, academics and students, this book combines rigorous analysis of the regulatory framework and empirical investigation on EU banking system data to prove that market discipline and risk sharing should be viewed as complementary pillars of the Euro-area financial architecture rather than as substitutes, requiring a reformed institutional framework.

Produktdetaljer
Sprog: Engelsk
Sider: 145
ISBN-13: 9783030234317
Indbinding: Paperback
Udgave:
ISBN-10: 3030234312
Kategori: Risikovurdering
Udg. Dato: 13 nov 2020
Længde: 0mm
Bredde: 148mm
Højde: 210mm
Forlag: Springer Nature Switzerland AG
Oplagsdato: 13 nov 2020
Forfatter(e): Francesca Arnaboldi
Forfatter(e) Francesca Arnaboldi


Kategori Risikovurdering


ISBN-13 9783030234317


Sprog Engelsk


Indbinding Paperback


Sider 145


Udgave


Længde 0mm


Bredde 148mm


Højde 210mm


Udg. Dato 13 nov 2020


Oplagsdato 13 nov 2020


Forlag Springer Nature Switzerland AG