| Autor: |
Dewatripont, M., Rochet, JC. |
| Rok vydání: |
2009 |
| Zdroj: |
Financial stability review. (13):65-74 |
| Popis: |
This article suggests some reforms of regulatory architecture for the treatment of distressed banks. Our main recommendations are: • a special bankruptcy regime for banks should be implemented ; • strong, truly independent supervisory agencies should be established ; • the incentives of the top managers of distressed banks should not be kept unchecked ; • procyclicality of solvency regulations should be dampened by the introduction of “automatic stabilisers” ; • one should move toward centralised supervision in economic areas which are meant to be integrated. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
|
