The article reports on the increase in the risks to the global financial stability due to credit risk from the eurozones sovereign crisis that is starting to affect the banking system in 2011. The International Monetary Fund (IMF) called for weak banks in Europe to strengthen their capital ...
Backstop Agreementhas the meaning set forth in the recitals to this Agreement. Hospital purchaser/provider agreement (HPPA agreement)means a negotiated agreement entered between the fund and the hospital for the cost of hospital treatment. Backstop Commitment Agreementmeans that certain Backstop Commitment...
From Deadlocks to Breakthroughs: How We Can Complete the Banking Union and Why It Matters to All of Us deposit insurance scheme, the backstop to the Single Resolution Fund has to become operational, and we need a common framework for the provision of liquidity to banks in resolution, as well...
• The bank would direct the Federal Reserve to establish a contingency funding account in its name and advance into that fund, as discount window borrowing, an amount up to a maximum of i) one-half of the lendable value of all its prepositioned discount window collateral and ii) one- ...
The results have implications for index fund managers of BRICS markets to include Dash and Ripple in their portfolio as safe haven assets to protect its value during a stock market crisis. Keywords: cryptocurrency; NARDL; safe haven; stock index; asymmetric; COVID-19; emerging market 1. ...
The federal government wants to introduce the financial measures used to rescue Credit Suisse in March into ordinary law as quickly as possible.
The author offers opinions on the eurozone monetary union of European Union (EU) countries, stating that an agreement for a fund to resolve failed banks reached by eurozone finance ministers is a sign that the worst of the banking crisis in the eurozone is over....
During the establishment of the Banking Union it has been agreed to develop a common backstop to the Single Resolution Fund. The following key principles constitute the point of departure of this paper:1. Fiscal neutrality in the medium term;2. Instrument of last resort;3. Equivalent treatment ...
BANKING industryFACILITIESDOUBLE tax agreementsThe article deals with the introduction of a new last-resort facility in the European Stability Mechanism (ESM), also known as the backstop. This facility is intended to serve as a link between the banking union and the bailout fu...