Research Handbook on Crisis Management in the Banking Sector

Edited by Matthias Haentjens, Professor of Financial Law and Bob Wessels, Professor Emeritus, Leiden University Law School, the Netherlands

• Contents:PART I INTRODUCTORY CHAPTERS1. Too Big to Fail: A Policy’s Beginning, Middle and End (?)Thomas F. Huertas2. Central Banks, Systemic Lending, and Collateral Markets José Gabilondo3. A Fiscal Backstop to the Banking SystemDirk Schoenmaker4. Large Scale Bank Insolvencies and the Challenges Ahead Andrew Campbell and Paula MoffattPART II EU AUTHORITIES PERSPECTIVE5. The EU Resolution ToolboxMichael Schillig6. Cross-border Cooperation between Resolution Authorities in the BRRDVincenzo Troiano7. The Single Resolution Mechanism in the European Banking Union: Legal Foundation, Governance Structure and Financing George S. Zavvos and Stella Kaltsouni 8. The European Stability Mechanism, A Crisis Tool Operating at Two JuncturesVestert Borger PART III BANK PERSPECTIVE 9. Regulatory Capital Requirements and Bail in MechanismsBart P.M. Joosen10. Rescuing Banks in Crisis: Towards a Theoretical Turnaround Management Perspective Jan Adriaanse, Jean-Pierre van der Rest and Tim Verdoes11. Resolution of Cross-border GroupsPaul Davies12. Bank Structural Reform: Too Big to Fail, Too Big to Save and Too Complex to Manage, Supervise and Resolve? Alexandria Carr13. Implications for the Corporate Governance Structures of Banks Tom DijkhuizenPART IV COUNTERPARTY PERSPECTIVE14. Set-off, Netting and Close-out NettingFrancisco Garcimartín and Maria Isabel Saez15. Deposit Guarantee SchemesBlanaid Clarke16. Legal and Operational Segregation of Securities: Derivatives and CashMatthias Haentjens and Pim Rank17. The Rule of Law: Protection of PropertyJacques Sluysmans, Willem Bosma, Matthijs Timmer and Nikky van TrietPART V COUNTRY REPORTS18. AustraliaRosalind Mason and Michael Murray19. ChinaQingjiang Kong and Sun Yinghui 20. GermanyAlexander Bornemann21. Japan: Regulatory Development of the Banking Resolution RegimeTomoaki Hayashi22. United Kingdon (England and Wales)Louise Verrill and Paul Durban23. United StatesDonald Bernstein and Reena Agrawal SahniPART VI CONCLUSIONS24. ConclusionsMatthias Haentjens and Bob WesselsIndex

‘This volume is the definitive work on banking sector crisis management. It covers all recent legislative developments and it provides cognate analysis by leading experts on matters covering the whole spectrum of bank crisis management, ranging from early intervention and provision of emergency liquidity assistance by the central bank to group resolution and the workings of the Single Resolution Mechanism. Additionally, country reports of all major jurisdictions such as Australia, the US, UK, Germany, Japan and China provide comprehensive overviews of the current state. It will prove an invaluable companion to all those seeking to demystify this most complex area of legal and regulatory practice.’