Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

Cash outflows in crisis scenarios: do liquidity requirements and reporting obligations give the SRB sufficient time to react? Banking Union Scrutiny. March 28, 2018

Lehmann, Alexander (2018) Cash outflows in crisis scenarios: do liquidity requirements and reporting obligations give the SRB sufficient time to react? Banking Union Scrutiny. March 28, 2018. UNSPECIFIED.

[img] PDF - Published Version
Download (418Kb)

    Abstract

    Bank failures have multiple causes though they are typically precipitated by a rapidly unfolding funding crisis. The European Union’s new prudential liquidity requirements offer some safeguards against risky funding models, but will not prevent such scenarios. The speed of events seen in the 2017 resolution of a Spanish bank offers a number of lessons for the further strengthening of the resolution framework within the euro area, in particular in terms of inter-agency coordination, the use of payments moratoria and funding of the resolution process.

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Item Type: Other
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > banks/financial markets
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Special Reports
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 28 Mar 2018 11:36
    Number of Pages: 20
    Last Modified: 28 Mar 2018 11:36
    URI: http://aei.pitt.edu/id/eprint/93678

    Actions (login required)

    View Item

    Document Downloads