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Evaluating the effectiveness of the new EU bank regulatory framework: A farewell to bail-out?

Author

Listed:
  • Benczur, Peter
  • Cannas, Giuseppina
  • Cariboni, Jessica
  • Di Girolamo, Francesca
  • Maccaferri, Sara
  • Petracco Giudici, Marco

Abstract

In response to the economic and financial crisis, the EU has adopted a new regulatory framework of the banking sector. Its central elements consist of new capital requirements, the single rulebook, and rules for bank recovery and resolution. These legislations have been adopted to reduce the call for government bail-out of distressed banks in future crises.

Suggested Citation

  • Benczur, Peter & Cannas, Giuseppina & Cariboni, Jessica & Di Girolamo, Francesca & Maccaferri, Sara & Petracco Giudici, Marco, 2017. "Evaluating the effectiveness of the new EU bank regulatory framework: A farewell to bail-out?," Journal of Financial Stability, Elsevier, vol. 33(C), pages 207-223.
    • Handle: RePEc:eee:finsta:v:33:y:2017:i:c:p:207-223
    DOI: 10.1016/j.jfs.2016.03.001
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    More about this item

    Keywords

    Banking regulation; Banking crisis; Capital requirements; Bail-in; Resolution funds;
    All these keywords.

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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